Cost criterion definition

Cost criterion means the number arrived at as of each computation date through the following calculations:
Cost criterion means the number arrived at as of each computation date (i.e., June 30), through the following calculation: "(i) With respect to each period of 12 consecutive months starting after 1956, calculate the percentage ratio of the benefits paid during the 12 months to the aggregate amount of the payrolls paid by employers within the most recent calendar year completed before the start of the 12 month-period"; “(ii) Select the largest percentage ratio...to be used as of that computation date”.
Cost criterion means the number arrived at as of each computation date (i.e., June 30), through the following calculation: "(i) With respect to each

Examples of Cost criterion in a sentence

  • Cost: The Issuing Office has established the weight for the Cost criterion for this RFP as 30% of the total points.

  • Cost: The Issuing Office has established the weight for the Cost criterion for this RFP as 30 % of the total points.

  • Cost: The Issuing Office has established the weight for the Cost criterion for this RFQ as 30% of the total points.

  • Cost: The Department has established the weight for the Cost criterion for this RFP as 30% of the total points.

  • The remaining proposals are rated by applying the Technical Scoring Formula set forth at the following webpage: http://www.dgs.pa.gov/Businesses/Materials%20and%20Services%20Procurement/Procurement-Resources/Pages/default.aspx Cost: The Issuing Office has established the weight for the Cost criterion for this RFP as 25% of the total points.

  • Cost: The Issuing Office has established the weight for the Cost criterion for this RFP as 20% of the total points.

  • II.2.5) Award criteria Quality criterion - Name: Quality / Weighting: 30 Cost criterion - Name: Cost / Weighting: 70II.2.7) Duration of the contract, framework agreement or dynamic purchasing systemDuration in months 36This contract is subject to renewal YesDescription of renewals 2x12 Month extension available.

  • The Cost criterion is rated by giving the proposal with the lowest total cost the maximum number of Cost points available.

  • Cost: The Issuing Office has established the weight for the Cost criterion for this RFP as thirty percent (30%) of the total points.

  • The Issuing Office has established the weight for the Cost criterion for this RFP as 30 % of the total points.

Related to Cost criterion

  • Criterion means a definite numerical value or narrative statement promulgated by the water pollution control board to maintain or enhance water quality to provide for and fully protect designated uses of the waters of the state.

  • Review Criteria has the meaning assigned to that term in Section 12.02(b)(i).

  • Evaluation Criteria means the criteria set out under the clause 27 (Evaluation Process) of this Part C, which includes the Qualifying Criteria, Functional Criteria and Price and Preferential Points Assessment.

  • Selection Criteria means and includes all of the requirements, considerations,

  • Business Criteria means any one or any combination of Income before Taxes, Net Income, Return on Equity, Return on Assets, Pre-tax Margin, Free Cash Flow, Valuation or EPS.

  • Contract Specific Goals means the subcontracting goals for MBE and WBE participation established for a particular contract.

  • Criteria means one of the eight (8) state defined categories to be scored.

  • Goal means the intended or projected result of a comprehensive corrections plan or community corrections program to reduce prison commitment rates, to reduce the length of stay in a jail, or to improve the utilization of a jail.

  • Specific goals means specific goals as contemplated in section 2(1)(d) of the PPPFA which may include contracting with persons, or group of persons, historically disadvantaged by unfair discrimination on the basis of race, gender and disability including the implementation of programmes of the Reconstruction and Development Programme as published in Government Gazette No. 16085 dated 23 November 1994.

  • Acceptance Criteria means the Specifications, goals, performance measures, testing results and/or other criteria designated by the Agency and against which the Deliverables may be evaluated for purposes of Acceptance or Non-acceptance thereof.

  • Design Criteria means the design criteria set out in the Ministry’s publication “Design Criteria for Sanitary Sewers, Storm Sewers and Forcemains for Alterations Authorized under Environmental Compliance Approval”, (as amended from time to time).

  • Quantitative fit test or "QNFT" means an assessment of the adequacy of respirator fit by numerically measuring the amount of leakage into the respirator.

  • Design Criteria Package means concise, performance-oriented drawings or specifications for a public construction project. The purpose of the Design Criteria Package is to furnish sufficient information to permit Design-Build Firms to prepare a bid or a response to the District’s Request for Proposals, or to permit the District to enter into a negotiated Design- Build Contract. The Design Criteria Package must specify performance- based criteria for the public construction project, including the legal description of the site, survey information concerning the site, interior space requirements, material quality standards, schematic layouts and conceptual design criteria of the project, cost or budget estimates, design and construction schedules, site development requirements, provisions for utilities, stormwater retention and disposal, and parking requirements applicable to the project. Design Criteria Packages shall require firms to submit information regarding the qualifications, availability, and past work of the firms, including the partners and members thereof.

  • Performance Measure means one or more of the following selected by the Committee to measure Company, Affiliate, and/or business unit performance for a Performance Period, whether in absolute or relative terms (including, without limitation, terms relative to a peer group or index): basic, diluted, or adjusted earnings per share; sales or revenue; earnings before interest, taxes, and other adjustments (in total or on a per share basis); basic or adjusted net income; returns on equity, assets, capital, revenue or similar measure; economic value added; working capital; total shareholder return; and product development, product market share, research, licensing, litigation, human resources, information services, mergers, acquisitions, sales of assets of Affiliates or business units. Each such measure shall be, to the extent applicable, determined in accordance with generally accepted accounting principles as consistently applied by the Company (or such other standard applied by the Committee) and, if so determined by the Committee, and in the case of a Performance Compensation Award, to the extent permitted under Code Section 162(m), adjusted to omit the effects of extraordinary items, gain or loss on the disposal of a business segment, unusual or infrequently occurring events and transactions and cumulative effects of changes in accounting principles. Performance Measures may vary from Performance Period to Performance Period and from Participant to Participant, and may be established on a stand-alone basis, in tandem or in the alternative.

  • Performance Indicator means a measure of HSP performance for which a Performance Target is set; technical specifications of specific Performance Indicators can be found in the MSAA Indicator Technical Specifications document;

  • Clinical review criteria means the written screening procedures, decision abstracts, clinical protocols, and practice guidelines used by a health carrier to determine the necessity and appropriateness of health care services.

  • Performance Criteria means the criteria (and adjustments) that the Committee selects for an Award for purposes of establishing the Performance Goal or Performance Goals for a Performance Period, determined as follows:

  • Performance Goal means a performance goal established by the Committee pursuant to Section 10.3.