Full Cost Recovery definition

Full Cost Recovery means that all costs of the organisation are covered by the funding received. Any uncovered costs must be met from reserves; therefore in order to be a financially sustainable organisation full cost recovery must be achieved.

Full Cost Recovery means all labour, equipment, material and any related overhead costs incurred by the City

Full Cost Recovery means all labour, equipment, materials and any related costs, including legal and consulting, incurred by the Corporation of the County of Simcoe.

Examples of Full Cost Recovery in a sentence

• Expert Witness for litigation (based on actual cost for staff, plus travel and expenses – 2-hour minimum) Full Cost Recovery 5.

• In the event there is a reduction of funds made available by County to Contractor under this or subsequent agreements, the County of San Diego and its Departments, officers and employees shall incur no liability to Contractor and shall be held harmless from any and all claims, demands, losses, damages, injuries, or liabilities arising directly or from such action.7.4 Full Cost Recovery Of Investigation And Audit Costs.

• Option 2: Introduction of fee increases to achieve Full Cost Recovery (FCR) for the export inspection services with implementation during 2013.

• The Full Cost Recovery Model approach has some merit and the Review Team understands why there is support for this approach.

• We expect this contribution to be calculated using Full Cost Recovery.If you are including Full Cost Recovery in your project budget, you must include a document that outlines your calculation.You can find a spreadsheet to help you calculate this figure on our website.

More Definitions of Full Cost Recovery

Full Cost Recovery means the recovery of operational costs, direct support costs and indirect support costs in full.

Full Cost Recovery means the generation of sufficient revenue through appropriate pricing of a service to cover the full cost of provision. Costs include operating, maintenance, administration, research and development expenditures, financial costs and capital investments in facilities (including depreciation, interest and equity return at a level sufficient to sustain the systems in perpetuity and achieve the mandated level of service as a minimum).

Full Cost Recovery means a tariff that cover operation and maintenance expenses, depreciation expenses, and that provide a reasonable return on investment.

Full Cost Recovery means the level at which the ex-refinery price of petroleum products is equated to the import parity price; "Fund"

Full Cost Recovery model also means cutting the supply of water to those who do not pay water bills. To strictly implement "full cost recovery" and to ensure every drop of water is paid for, the MCGM decided to introduce pre- paid water meters in Mumbai, thus turning every “consumer” into a “customer” of municipal water. With prepaid water meters, every poor household has less chance of getting access to safe drinking water or may even lose the water access they had.

Full Cost Recovery means that the total cost of providing service (including operating costs, capital costs, and administrative/regulatory costs) are met. Without cost recovering tariffs, systems will deteriorate and service delivery decline.

Full Cost Recovery means that the following cost elements of any service provided in relation to water use are paid by the user through prices or charges: