This answer expands on discussion in comments below the question.
Never encountered 'record too large' error.
To normalize your database would mean adding new tables that would be dependent (children) related to the parent Specific and Blanket tables. For a starter, Blanket table has fields named Project_1, Project_2 … up to 10 as well as a bunch of other fields with the same naming convention. Normalization would have another table named maybe BlanketDetails:
+===========+=========+============+==============+=============+
| BlanketID | Project | Equipment | Installation | MonForecast |
+===========+=========+============+==============+=============+
| 1 | C.91524 | Leonia | Leonia | $723,000.00 |
+-----------+---------+------------+--------------+-------------+
| 1 | C.91525 | Belleville | Belleville | $258,000.00 |
+-----------+---------+------------+--------------+-------------+