Cost Drivers Clause Samples

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Cost Drivers. Please provide a short synopsis of what you consider the current cost drivers to be in this market? To what degree, if any, do these costs fluctuate? Are there any future cost that are anticipated to impact on your business over the next years? Answer:
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Cost Drivers. Planning Definition Analysis preparation Analysis Reporting A cost driver is a variable that has a strong influence on the costs. By changing the value of a cost driver, the costs will change significantly. It is important to identify cost drivers because these are the parameters that can change the costs considerably and are therefore potential en- ablers for cost reduction. An example is the Resilient SCADA security measure: the level of accepted risk is a major cost driver because it determines the number of servers, which in turn determines part of the costs. A design characteristic can also be a cost driver. In that case, costs can possibly be reduced by changing the design.
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Cost Drivers. Actual Costs, net of recoverable value-added taxes, will be used to the extent known, based on the then-current systems and processes of PwC Firm and PwC Member Firms, as required by Section 6 of the SEC No-Action Letter. If actual Costs cannot be determined as described herein, Cost Drivers will be used until such time as PwC Firm develops systems and processes to determine actual Costs, if ever. "Cost Driver" means the best basis for approximation of actual Costs which is readily available and determinable from current practices and processes that measure the Costs of providing a service (e.g., headcount or square footage for occupancy). "Global Default Cost Drivers" have been developed for each major Service category, and are attached hereto as part of SCHEDULE D. The Parties are required to use such Global Default Cost Drivers unless the Parties have a method for determining costs that is a better approximation of actual Costs. Where such local alternative Cost Drivers ("Local Cost Drivers") are used, they are described in the Local Term Sheet. If there are no Local Cost Drivers or Global Default Cost Drivers which are applicable to or compatible with the systems then in use by PwC Firm, the Parties will agree upon appropriate estimations and will use commercially reasonable efforts to develop Cost Drivers for PwC Firm. The Global Default Cost Drivers set forth on SCHEDULE D, the Local Cost Drivers and appropriate estimations developed due to the absence of Local Cost Drivers will be reviewed at least once each year, and any changes thereto which will result in the allocation of Costs on a basis closer to actual will be implemented promptly after such review.
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Related to Cost Drivers

  • Cost Reimbursement This payment method is based on an approved budget and submission of a request for reimbursement of expenses ▇▇▇▇▇▇▇ has incurred at the time of the request;

  • Elements Unsatisfactory Needs Improvement Proficient Exemplary IV-A-1. Reflective Practice Demonstrates limited reflection on practice and/or use of insights gained to improve practice. May reflect on the effectiveness of lessons/ units and interactions with students but not with colleagues and/or rarely uses insights to improve practice. Regularly reflects on the effectiveness of lessons, units, and interactions with students, both individually and with colleagues, and uses insights gained to improve practice and student learning. Regularly reflects on the effectiveness of lessons, units, and interactions with students, both individually and with colleagues; and uses and shares with colleagues, insights gained to improve practice and student learning. Is able to model this element.

  • Training Costs All costs and expenses incurred by the Contractor in the training of its employees engaged in Petroleum Operations, and such other training as is required by this Agreement.

  • Transportation Reimbursement Employees who, during the course of their normal duties, are required to actually transport clients/consumers/felons in their own personal vehicle on a regular basis, are eligible for reimbursement for the cost of an automobile rider to their existing insurance policy. To be eligible for the reimbursement, the employee must demonstrate the following: 1. That he/she is normally required to transport clients/consumers/felons in the course of their duties. 2. That there is no access to or available State vehicles. 3. That public transportation cannot be used. 4. That their insurance company requires a special rider on their existing automobile policy. 5. Proof that such a rider has been purchased. 6. Proof of a valid driver’s license and insurance policy. By receiving such reimbursement, employees acknowledge that they may be required to use their own personal vehicle to transport clients/consumers/felons in the normal course of their duties. The reimbursement to such employee(s) is the actual cost of the rider not to exceed seventy-five dollars ($75) per year whichever is less. This reimbursement will be paid on a yearly basis in the pay period that includes July 1st. Employees who either resign, retire, or have their employment terminated during the year and employees who start during any part of the year will have the reimbursement prorated. In the case of employees who either retire, resign, or have their employment terminated will have that portion of the reimbursement repaid to the State, in the last paycheck.

  • Travel Allowances There shall be no payments for travel expenses, travel time, subsistence allowance or other such reimbursements or special pay except as expressly set forth in this Agreement.