cost overrun

noun

cost in excess of that originally estimated or budgeted, especially in a government contract.
Additional funds had to be allocated to cover the cost overrun on the new fighter plane.

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Example Sentences

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“When people start to do their due diligence, they start to hear about construction delays, cost overruns and quality issues, and often prefab can help address these issues.”

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And the twin threats of inflation and higher interest rates increase the risk of even worse construction cost overruns.

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Some projects had also already started construction before receiving ULA funds and needed more cash to finish after they experienced cost overruns.

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But the program has been plagued by cost overruns since it started.

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Yet with delays and cost overruns affecting some of India's arms deals with Russia, Delhi's defence ties with the US look set to deepen.

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costotomy cost-plus

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