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cost overrun

American  

noun

  1. 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.


Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

His supporters say L.A. needs to keep him on the job in part because taxpayers are responsible for paying any cost overruns or budget shortfalls from the $7.1 billion Games.

From Los Angeles Times

The third-party manager could be less tolerant of cost overruns and delays.

From The Wall Street Journal

Scott, a South Carolina Republican, also said he doesn’t think Powell committed a crime when he testified before the committee about cost overruns in the Fed’s renovation of its headquarters.

From MarketWatch

There’s a good chance that DOJ officials will find a way to wind down their investigation of Powell over whether he lied to Congress about cost overruns for the renovation of the Fed’s headquarters.

From MarketWatch

TotalEnergies had already lifted in October the force majeure it declared after the bloodshed and has sought compensation of $4.5 billion in cost overruns linked to the delay from the Mozambique government.

From Barron's