Higher Education is hereby authorized to execute and administer contracts for. construction, repair, renovation, and maintenance projects, including all. aspects of project management, design, construction, and legal and. administrative services related to and necessary for the completion of projects.
What is 'Annualized Income' Annualized income is an estimate of the amount of money that an individual or a business generates over the course of a year. Annualized income is calculated with less than one year's worth of data, so it is only an estimate of total income for the year, and annualized income figures can be helpful for creating budgets and making estimated income tax payments.
Revenue Run Rate. Definition of 'Revenue Run Rate'. The Revenue Run Rate (also runrate - one word) is the annualized revenue of a company if you were to extrapolate the current revenue over a year. Run rates are useful for new business or business units within a company that have only had a short period of revenue generation opportunity.