Common use of Allocated Costs Clause in Contracts

Allocated Costs. Costs incurred that are not specifically attributable to a Party but that have joint benefit to two or more Parties shall be charged to the appropriate Parties based on specified allocation methodologies. The allocation methodologies and factors used as reflected in Exhibit B shall be reasonably based on cost causative measures to ensure an equitable allocation among such Parties. At least sixty (60) days prior to any change to Exhibit B, the Parties shall provide to each other and file on the ICC’s e-Docket system with a copy to the ICC’s Accounting Department Manager and to the Office of the Chief Clerk a revised version of Exhibit B along with an indication of what change(s) will be made.