COST OVERRUN Definition & Meaning

cost overrun

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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Examples have not been reviewed.

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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“They have hundreds of billions of dollars of cost overruns,” Trump told reporters in the Oval Office.

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For example, there were no penalties for delays or cost overruns.

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Hosting the international sporting event is already a financial risk because the city is responsible for cost overruns.

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