Cost Substantiated definition

Cost Substantiated means, with respect to any cost reasonably incurred or to be incurred by the Manager which is chargeable to LIPA as a Pass-Through Expenditure or Exogenous Cost hereunder or any other additional costs incurred for which LIPA is responsible hereunder, the delivery to LIPA of a certificate reasonably acceptable to LIPA signed by an authorized engineering officer and an authorized financial officer of the Manager, certifying that it is true, complete and correct and setting forth the amount of such cost and the provisions of this Agreement under which such cost is properly chargeable to LIPA, stating that such cost is a fair and reasonable price for the service or materials supplied or to be supplied and that such services and materials are reasonably required pursuant to this Agreement, and accompanied by copies of such documentation as shall be necessary to reasonably demonstrate that the cost as to which Cost Substantiation is required has been or will be paid or incurred. Such documentation, to the extent applicable, shall include reasonably detailed information concerning (1) all applicable Subcontracts, (2) the amount and character of materials furnished, the persons from whom purchased, the amounts payable therefor and related delivery and transportation costs and any sales or personal property taxes, (3) a statement of the equipment used and any rental payable therefor, (4) Manager and Subcontractor worker
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Cost Substantiated means, with respect to any cost reasonably incurred or to be incurred by the Manager which is directly or indirectly chargeable in whole or in part to the Authority as an Other Cost, a Major Capital Improvement Cost or a Public Works Improvement Cost hereunder, the delivery to the Authority of a certificate reasonably acceptable to the Authority signed by an authorized engineering officer and an authorized financial officer of the Manager, certifying that it is true, complete and correct and setting forth the amount of such cost and the provisions of this Agreement under which such cost is properly chargeable to the Authority, stating that such cost is a fair and reasonable price for the service or materials supplied or to be supplied and that such services and materials are reasonably required pursuant to this Agreement, and accompanied by copies of such documentation as shall be necessary to reasonably demonstrate that the cost as to which Cost Substantiation is required has been or will be paid or incurred. Such documentation, to the extent applicable, shall include reasonably detailed information concerning (1) all applicable Subcontracts, (2) the amount and character of materials furnished, the persons from whom purchased, the amounts payable therefor and related delivery and transportation costs and any sales or personal property taxes, (3) a statement of the equipment used and any rental payable therefor, (4) Manager and Subcontractor worker hours, duties, wages, salaries, benefits, assessments, taxes and premiums, (5) Manager administration, bonds, insurance, and other expenses, and (6) in the case of costs incurred by Affiliates of the Manager, such additional information as may be reasonably requested by the Authority to demonstrate that such costs do not reflect any inter-company profit and reflect a fair and reasonable price for the work or services. Any Cost Substantiation required with respect to costs reasonably incurred by the Authority which are directly or indirectly chargeable in whole or in part to the Manager hereunder shall include similarly detailed information, and shall be certified by an authorized administrative and financial official of the Authority.
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Examples of Cost Substantiated in a sentence

  • To the extent incurred due to an Uncontrollable Circumstance or Borough Breach, the Company’s Cost Substantiated costs of complying with this subsection, beyond those which would ordinarily have been incurred in connection with the operation of the Wastewater System or the administration of the IPP, shall be reimbursed by the Borough.

  • In the event the Company is eligible to receive funds from the MRRA pursuant to subsection 5.8(A) hereof, such amounts shall be available from the MRRA only upon prior authorization of the Borough, except in the case of an emergency, and shall be Cost Substantiated.

  • The Borough shall reimburse the Company for its Cost Substantiated increased costs, if any, due to the Borough’s arrangements for such beneficial re-use.

  • The Company’s entitlement to reimbursement of Cost Substantiated costs of the Company shall be subject to the limitations set forth in this Section.

  • To the extent reasonably necessary to confirm direct costs required to be Cost Substantiated, copies of timesheets, invoices, canceled checks, expense reports, receipts and other documents, as appropriate, shall be delivered to the County with the request for reimbursement of such costs.

  • The Owner shall pay the Design- Builder its reasonable Cost Substantiated costs incurred due to an Owner-directed delay in the commencement of the Acceptance Tests.

  • In the event there are material increases in Solid Waste volumes greater than the historical increases attributed to normal growth that require the Company to provide equipment and staffing in excess of that anticipated as of the Contract Date in order to perform the Contract Services in accordance with this Service Contract, the Company shall be entitled to a Cost Substantiated increase in the O&M Charge directly in relation to such increased equipment and staffing costs.

  • To the extent reasonably necessary to confirm direct costs required to be Cost Substantiated, copies of timesheets, invoices, canceled checks, expense reports, receipts and other documents, as appropriate, shall be delivered to the Sewer District with the request for reimbursement of such costs.

  • To the extent reasonably necessary to confirm direct costs required to be Cost Substantiated, copies of timesheets, invoices, canceled checks, expense reports, receipts and other documents, as appropriate, shall be delivered to the BWS, with the request for reimbursement of such costs.

  • Upon any such termination the City, subject to Cost Substantiation, shall reimburse the Company an amount equal to the sum of 100% of the unbilled and billed and unpaid portion of the Design-Build Price for the Design-Build Work completed to such date, subject to settlement of payments owing the Company as of the Termination Date under subsection (C) of this Section (the “Reimbursable Construction Expenses”), plus the Company’s reasonable Cost Substantiated costs related to demobilization.

Related to Cost Substantiated

  • Substantiated means an abuse investigation has been completed by the Department or the Department's designee and the preponderance of the evidence establishes the abuse occurred.

  • Substantiated report means a report of sexual conduct that TSPC or ODE determines is founded.

  • Unsubstantiated means the same as that term is defined in Section 62A-4a-101.

  • Training Costs means reasonable costs incurred to upgrade the technological skills of Full-Time Employees in Illinois and includes: curriculum development; training materials (including scrap product cost); trainee domestic travel expenses; instructor costs (including wages, fringe benefits, tuition and domestic travel expenses); rent, purchase or lease of training equipment; and other usual and customary training cots. “Training costs” do not include, except where the Company receives prior written approval of the Department, costs associated with travel outside the United States, wages and fringe benefits of employees during periods of training, administrative costs related to Full-Time Employees of the Taxpayer, or amounts paid to an affiliate of the Company.

  • Routine Patient Costs means all health care services that are otherwise covered under the Group Contract for the treatment of cancer or other Life-threatening Condition that is typically covered for a patient who is not enrolled in an Approved Clinical Trial.