Contract Costs definition

Contract Costs means Exploration Costs, Development Costs and Production Costs as provided in Section 2 of the Accounting Procedure and allowed to be cost recoverable in terms of Section 3 of the Accounting Procedure.

Contract Costs means the estimated costs of the extension, conversion, or modification of service. Any additional capacity shall not include or be determined with reference to provision for additional capacity, size, or strength in excess of that necessary to meet the requirements of the Association's construction standards required to serve the load. Estimated costs shall be determined by the Association.

Contract Costs means any Exploration, Appraisal, Development and Production Costs incurred by the Contractor from the Effective Date of this Agreement, including but not limited to Capital and Operating Costs, Decommissioning Costs, Service Costs, General and Administrative Costs and Annual Overhead Charge;

Examples of Contract Costs in a sentence

• Final Construction Contract Costs (based on actuals), including utility costs, Consulting Fees, internal Project costs and overheads, and any associated costs identified in the additional comments of a project.

• This results in the recognition of Contract Costs being capitalized under non-current assets on the statement of financial position.

• Using the Loss Ratio Factor, (Contract Price divided by Total Estimated Contract Costs), the auditor should recommend that the ACO adjust the amount on Item 11 - Total Costs Eligible for Progress Payment to exclude the elements of loss from consideration for the instant and future progress payments.

• When contract costs are questioned, the auditor shall prepare and send to the cognizant contracting officer NASA Form 456, Notice of Contract Costs Suspended and/or Disapproved.

• Issuing DCAA Forms 1, Notice of Contract Costs Suspended and/or Disapproved, to deduct costs where allowability is questionable.

More Definitions of Contract Costs

Contract Costs means Exploration Costs, Development Costs, Production costs, and all other costs related to Petroleum Operations as set forth in Section 3 of the Accounting Procedure.

Contract Costs means exploration costs, development costs, operating costs, service costs, general and administrative costs and annual overhead charge;

Contract Costs means the following costs incurred in the course of long-term Customer Contracts: (i) integration costs incurred on large outsourcing contracts as well as incentives granted to clients upon signature of long-term outsourcing contracts, (ii) costs of software specifically designed or acquired to provide long-term outsourcing contracts to clients or group of clients, and (iii) reasonable amounts described in (i) or (ii) that arise out of specific long-term outsourcing contracts entered into by an acquired entity; SCHEDULE B – PAGE 13 CREDIT AGREEMENT

Contract Costs is defined in Section 4.3.

Contract Costs means and shall include the Board's cost for the acquisition of land as provided in Section 1.1(c) hereof, for labor and payments to contractors, suppliers and materialmen in connection with preparing, constructing and otherwise acquiring, replacing, extending and improving the Airport, and the costs, not covered by insurance, of restoring property damaged or destroyed in connection with construction.

Contract Costs means the total amount of direct costs attributable to the Backlog, as determined in Seller's Management Accounting Reports delivered to FW pursuant to Section 8.2.

Contract Costs shall have the meaning given such term in Section 3.6.1.