CostReimbursement Contract definition

CostReimbursement Contract means a form of contract whereby Project Costs are reimbursed to the Contractor.
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Examples of CostReimbursement Contract in a sentence

  • It provides a flexible pricing mechanism for establishing a cost sharing responsibility between Metro and contractor depending on the nature of the supplies, services, or construction being procured, the length of the contract performance, and the performance risks involved.R4.12.140.06.3 Cost-Reimbursement Contract with Cost Incentive Fee.

  • A Cost-Reimbursement Contract may be used only when a written Determination is made that such Contract is likely to be less costly to the University than any other type of Contract or that it is impracticable to obtain the Goods or Services required unless the Cost Reimbursement Contract is used.

  • A Cost-Reimbursement Contract may be used only when a determination is made that such contract is likely to be less costly to the University than any other type of contract or that it is impracticable to obtain the goods or services required unless the Cost Reimbursement Contract is used.

  • Cost-Reimbursement Contract means a contract under which a contractor is reimbursed for costs which are allowable and allocable in accordance with the contract terms and the provisions of this manual, and a fee, if any.

  • Cost-Reimbursement Contract - A contract under which the MDOT reimburses the Contractor for those contract costs, within a stated ceiling, and a fee, if any, which are recognized as allowable and allocable under the cost and price principle regulations.

  • We are under no obligation to reimburse your costs if for any reason you do not receive an award, or if your award is less than anticipated and inadequate to your pre-award costs.c. Pre-Contract Costs under FAR Cost-Reimbursement Contract Awards Not Available‌Federal awards made using a 2 CFR 200.38(a)(2) cost-reimbursement contract instrument under the Federal Acquisition Regulations (FAR) do not allow for reimbursement of pre-contract costs.

  • Cost-Reimbursement Contract means a contract under which a contractor is reimbursed for costs which are allowable and allocable in accordance with the contract terms and the provisions of this Chapter, and a fee, if any.

  • Cost-Reimbursement Contract means a contract under which a contractor is reimbursed for costs which are allowable and allocable in accordance with the contract terms and the provisions of this Procurement Policy, and a fee if any.

  • Cost-Reimbursement Contract A contract type that provides for payment of allowable, allocable, and reasonable costs incurred in the performance of a contract to the extent that such costs are prescribed or permitted by the contract.

  • Cost-Reimbursement Contract means a contract under which a contractor is reimbursed for costs that are allowable and allocable in accordance with the contract terms.

Related to CostReimbursement Contract

  • Cost-reimbursement contract means a contract under which a contractor is reimbursed for costs which are allowable and allocable in accordance with the contract terms and the provisions of this code, and paid a fee, if any.

  • Procurement Contract or “Contract” means any written agreement of the Authority for the acquisition of goods or services of any kind in the actual or estimated amount of $25,000, or more.

  • Construction management contract means a contract in which a party is retained by the owner to

  • Management Contract means the contract executed between the treasurer and a program manager.

  • Advance Payment Contract means any contract whereby any Credit Party either (a) receives or becomes entitled to receive (either directly or indirectly) any payment (an “Advance Payment”) to be applied toward payment of the purchase price of Hydrocarbons produced or to be produced from Oil and Gas Interests owned by any Credit Party and which Advance Payment is, or is to be, paid in advance of actual delivery of such production to or for the account of the purchaser regardless of such production, or (b) grants an option or right of refusal to the purchaser to take delivery of such production in lieu of payment, and, in either of the foregoing instances, the Advance Payment is, or is to be, applied as payment in full for such production when sold and delivered or is, or is to be, applied as payment for a portion only of the purchase price thereof or of a percentage or share of such production; provided that inclusion of the standard “take or pay” provision in any gas sales or purchase contract or any other similar contract shall not, in and of itself, constitute such contract as an Advance Payment Contract for the purposes hereof.

  • Medical Reimbursement Programs means a collective reference to the Medicare, Medicaid and TRICARE programs and any other health care program operated by or financed in whole or in part by any foreign or domestic federal, state or local government.

  • Cost Reimbursement means a contract which provides for a fee other than a fee based on a percentage of cost and under which a contractor is reimbursed for costs which are allowable and allocable in accordance with the contract terms.

  • Reimbursement Payment shall have the meaning given to that term in Subparagraph 2.02(c).

  • Client Contract means a futures or option contract between us and you, which is matched by an identical Contract;

  • Reimbursement insurance policy means a policy of insurance

  • Reimbursement Agreement as defined in Section 2.8(b).

  • Replacement Contractor means any third party service provider appointed by the Authority to supply any services which are substantially similar to any of the Services and which the Authority receives in substitution for any of the Services following the expiry, termination or partial termination of the Contract.

  • Advance Reimbursement Amounts As defined in Section 3.29 hereof.

  • Advance Reimbursement Amount has the meaning stated in Section 4.4(b) of the Servicing Supplement.

  • Services Contract means an agreement for the provision of Services entered into with a Provider by one or more of the Partners in accordance with the relevant Individual Scheme. Service Users means those individual for whom the Partners have a responsibility to commission the Services. SOSH means the Secretary of State for Health.

  • Medical Expenses means those expenses that an Insured Person has necessarily and actually incurred for medical treatment on account of Illness or Accident on the advice of a Medical Practitioner, as long as these are no more than would have been payable if the Insured Person had not been insured and no more than other hospitals or doctors in the same locality would have charged for the same medical treatment.

  • Reimbursement Date as defined in Section 2.4(d).

  • Medical Expense means an expense incurred at the time a past member or his or her health reimbursement account dependent is furnished the medical care or service. To be considered a medical expense under this act, the expense shall meet all of the following conditions:

  • Labor peace agreement means an agreement between an entity and a

  • Letter of Credit Reimbursement Agreement has the meaning specified in Section 2.4(e).

  • Reimbursement Amounts As defined in Section 3.22.

  • Redevelopment Contract means this redevelopment contract between the Authority and Redeveloper with respect to the Project.

  • Specialty contractor means a person who is licensed to conduct business as described in subsection 4 of NRS 624.215.

  • Collective Agreement means any collective agreement, letter of understanding, letter of intent or other written communication or Contract with any trade union, association that may qualify as a trade union, council of trade unions, employee bargaining agent or affiliated bargaining agent, which would cover any of the Employees.

  • Project Contract means any agreement or agreements for the design, development, acquisition, installation, implementation and construction of all or a substantial part of the Project by and between a Contractor and the Recipient.

  • Reimbursement Amount As defined in Section 2.04.