(a) A current estimate of the cost of the project as determined by the
commissioner at the time of the execution of the contract.
  (b) An agreement by the commissioner to make state assistance payments
toward   the  cost  of  the  project  by  periodically  reimbursing  the
municipality for costs incurred during  the  progress  of  the  project.
Such  costs  are  subject  to final computation and determination by the
commissioner upon completion of the  project.    For  purposes  of  this
subdivision, the approved project cost shall be reduced by the amount of
any  specific  state  assistance  payments for landfill closure purposes
received by the municipality from any source;  provided,  however,  that
non-specific state assistance payments, such as amounts paid pursuant to
section  fifty-four  of  the state finance law, shall not be included in
such cost reduction.
  (c)  An agreement by the municipality to  proceed  expeditiously  with
the  project  and  to  complete the project in accordance with plans and
reports approved by the department and with the conditions of applicable
permits, administrative orders or judicial orders.