Default Cost definition
Examples of Default Cost in a sentence
Default Cost Apportionment for incidents where the initial action was intended to extinguish the wildfire (Clause VI.1.D) Costs will be apportioned based on jurisdictional acres burned and the associated responsible fiscal party(ies).
Dept Mgr Name: Signature & Date: Default Cost Center*: Cost Center Title: *To be charged if payments are not completed by the monthly internal deadline.
The Parties are required to use such Global Default Cost Drivers unless the Parties have a method for determining costs that is a better approximation of actual Costs.
Default Cost Apportionment for incidents where the initial action upon discovery is surveillance, or site specific protection (Clause 38.a) All costs incurred are attributed to the agency on whose land the fire originated and billed to the party that is fiscally responsible.
Default Cost Apportionment for Merged Fires (Clause 38.a.2) An incident-specific cost apportionment agreement should be considered for allocating costs between fires that involve multiple jurisdictions and have merged (burned together).
Default Cost Apportionment for Non-Standard Responses (Clause 38.a.1) An incident-specific cost apportionment agreement should be considered for fires that involve multiple jurisdictions and have received a non-standard initial response as defined in the AIWFMP.
If such default is not cured in such manner, then such Default Cost shall be paid to GP.
Average Cost (ACST) Default Cost Basis Method First In, First Out (FIFO) Last In, First Out (LIFO) Low Cost (LOFO) High Cost (HIFO) Specific Share Identification (SLID) Secondary Method* _______ *If you elect Specific Share Identification, you may also elect a Secondary Method, other than Average Cost, that will apply when lots are not specified.
Default Cost Apportionment for Incident Complexes (Clause 38.a.3) Costs will be attributed to each fire in the complex and apportioned as listed above.
The Global Default Cost Drivers set forth on SCHEDULE D, the Local Cost Drivers and appropriate estimations developed due to the absence of Local Cost Drivers will be reviewed at least once each year, and any changes thereto which will result in the allocation of Costs on a basis closer to actual will be implemented promptly after such review.