Contracting Costs definition

Contracting Costs means all necessary and reasonable direct costs which a Contracting Entity incurs in connection with the negotiation and execution of a Supply Contract including, without limitation, the appropriate portion of its occupancy costs, employee salaries, overhead, insurance, depreciation, legal fees and charges, travel expenses, and other professional fees, plus five percent (5 %) of such costs.

Examples of Contracting Costs in a sentence

  • Subject to the terms and conditions herein including without limitation the payment of Contracting Costs (as defined in Exhibit B), a Contracting Entity (as defined in Exhibit B) shall upon the request of a Fulfilling Entity (as defined in Exhibit B), provide reasonable assistance to a Fulfilling Entity in connection with the fulfillment of obligations under a Supply Contract (as defined in Exhibit B).

  • Thousand Oaks Transit Vehicle Capital Contracting Costs Thousand Oaks (Thousand Oaks UA Section 5307 – 20% match) Local match source = Local Transportation (sales tax) fund The City of Thousand Oaks operates an extensive dial-a-ride service covering all areas within the jurisdiction of Thousand Oaks as well as adjacent County Unincorporated areas.