Cost Plus means compensating a contractor for the cost to
Cost Plus means building works or engineering works executed on the basis that the contractor is paid a management fee to cover overheads and profit and that his costs in respect of labour, material and plant are reimbursed by the client. The quantity surveyor shall examine the contractor’s claims for labour, material and plant in sufficient detail to obtain reasonable assurance that the claims are valid in terms of the contract and that they are free of material misstatement
Cost Plus or “CP” refers to the cost-plus methodology, as further described below.
Examples of Cost Plus in a sentence
Notwithstanding anything to the contrary, in the event VW requires any Additional Services which MM is unable to accommodate using its reasonable endeavours, the Parties shall engage in good faith discussions to explore alternative solutions to satisfy such request including alternative pricing strategy apart from Cost-Plus basis.
More Definitions of Cost Plus
Cost Plus means compensating a contractor for the cost to complete a contract by reimbursing actual costs for labor, equipment and materials plus an additional amount for overhead and profit.
Cost Plus. Pricing basis in accordance with Section 1.2 (d) above for Work subcontracted to third party(ies) by Contractor.
Cost Plus as it relates to this Section means a price estimate from Contractor to AT&T to perform a defined scope of work wherein the actual price is based on Contractor’s actual Cost incurred. Final price from Contractor to AT&T is Cost plus a *****% markup. *****.
Cost Plus. - means the price charged to SBCS for a service based **** Willxxxx **** cost ****
Cost Plus means direct costs of direct materials and labor, and indirect manufacturing labor, plus an allocation of 35% of said amount to cover overhead.
Cost Plus means Seller's actual cost in manufacturing or purchasing such sub-assemblies, Components and other parts, plus 25% of such actual cost. See Section 8.7 below which defines Seller's "actual cost."
Cost Plus means the actual cost incurred by Atara for Manufacturing Product (including intermediates), plus [[***]], where actual costs include, without limitation, the following: [[***]]