Cost Baseline definition

Cost Baseline means the cost budget (expressed in nominal prices) for the delivery of the Accepted Programme generated by the Accepted Programme Financial Model as agreed or determined in accordance with Schedule 18.1 (Shadow Operations) and as updated from time to time in accordance with Schedule 18.4 (Shadow Operator Annual Review) and/or Schedule 9.1B (Financial and Other Consequences of Change) and Placed in Escrow;
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Cost Baseline shall have the meaning set forth in ‎‎Section 7.03(d)(i).
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Cost Baseline means, as of a particular date, the average Product Cost over the twenty-four (24)-month period immediately preceding such date using GE Aviation’s standard cost allocation applicable to the LM Products, Spare Parts and Services as of the Trigger Date; provided, that if GE Aviation implements a change to its accounting for product cost (e.g., move from average actual to standard costing), GE Aviation will update future Cost Baselines using its new methodology but will not substantially or materially change any of its cost elements as agreed to in this Agreement and such cost elements shall continue to be consistent with the historical cost elements used between GE Aviation and BHGE, as set forth in Schedule 14. Further, no costs associated with RSP Materials, liquidated damages or warranty shall be included in any such costs.
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Examples of Cost Baseline in a sentence

  • Subject to the last sentence of Section 3.1(b), the “Facility Conversion Cost Baseline Fiscal Year” shall be, as of the Effective Date, 2019 budget volumes and costs as summarized in the applicable Facility Addenda; provided that in each instance in which the Price is adjusted in accordance with the immediately preceding sentence of this Section 3.2(b)(i), the Facility Conversion Cost Baseline Fiscal Year shall be the applicable Facility Conversion Cost Adjustment Fiscal Year.

  • To the extent that a proposed Change can be accommodated within the existing level of resources then being used by Provider in performing the Services hereunder and those resources are appropriate for the proposed New Service or changed Service without degradation to Provider’s compliance with all applicable performance requirements under this Agreement, the Services Costs payable by Company under this Agreement and the Cost Baseline shall not be increased as a result of such Change.

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  • During each Extension Period, the Price of such Product may be adjusted as set forth in Section 3.2; provided that the initial Fiscal Year of the first Extension Period shall operate as the Facility Conversion Cost Baseline Fiscal Year (as defined below).

  • Changes to the Cost Baseline will be managed in accordance with PMC-PRC-NA- AD-0014 Cost & Contingency Management Procedure.

  • Prior to the release of any such data, the PMP administrator or designee shall remove any personal identifying information or verify that any personal identifying information that could be used to identify an individual patient, prescriber, dispenser, practitioner, or other person who is the subject of identified in the PMP information or data has been removed from the PMP information or data.

  • Upon Cost Baseline reset, standard overhead shall include all relevant and applicable depreciation associated with the existing LM Product Line.

  • The Cost Baseline will be controlled and maintained by the Project Manager with assistance from Project Controls and Finance Lead.

  • Select all that apply.Failure to participate in supportive services XFailure to make progress on a service plan X Renewal Project Application FY2019 Loss of income or failure to improve income XAny other activity not covered in a lease agreement typically found for unassisted persons in the project’s geographic area XNone of the above 3d.

  • For the avoidance of doubt, this forecast does not replace or alter the Cost Baseline as agreed or determined.

Related to Cost Baseline

  • Baseline means the “Initial Small Business Lending Baseline” set forth on the Initial Supplemental Report (as defined in the Definitive Agreement), subject to adjustment pursuant to Section 3(a).

  • Earned value management system means an earned value management system that complies with the earned value management system guidelines in the ANSI/EIA-748.

  • Value Engineering means the detailed analysis of systems, equipment, materials, services, facilities, and supplies required by the Contract Documents for the purpose of achieving the desired and essential functions of the Owner’s program at the lowest cost consistent with required and necessary performance, longevity, reliability, quality and safety.

  • Project Cost means the costs incurred in connection with the

  • Monitoring System means a system established by BNY to fulfill the Responsibilities specified in clauses (d) and (e) of Section 1 of Article III of this Agreement.