The majority of an entity's obligations for removal and restorations costs are incurred during which phase of a project?
A) Exploration phase.
B) Technical feasibility phase.
C) Development phase.
D) Evaluation phase.

Question

Quizplus · Accepted Answer

The development phase is when the actual construction of the project begins and it is during this phase that the majority of removal and restoration costs are incurred. This includes removing any existing structures or hazards, restoring the land to its previous condition, and mitigating any environmental impacts caused by the project. The exploration phase is typically focused on determining the feasibility of the project, while the technical feasibility and evaluation phases are often more focused on research and analysis rather than actual construction activities.

The Majority of an Entity's Obligations for Removal and Restorations