Defined Cost definition
Examples of Defined Cost in a sentence
In order to substantiate the Defined Cost of compensation events, the Employer may require the Contractor to keep records of amounts paid by him for people employed by the Contractor, Plant and Materials, work subcontracted by the Contractor and Equipment.
In order to substantiate the Defined Cost of Compensation Events, the Employer may require the Contractor to keep records of amounts paid by him for people employed by the Contractor, Plant and Materials, work subcontracted by the Contractor and Equipment.
In order to substantiate the Defined Cost of compensation events, the Employer may require the Contractor to keep records of amounts paid by him for people employed by the Contractor, plant and materials, work subcontracted by the Contractor and equipment.
In order to substantiate the Defined Cost of compensation events, the Purchaser may require the Supplier to keep records of amounts paid by him for people employed by the Supplier, plant and materials, work subcontracted by the Supplier and equipment.
Regular meetings to be held such as safety and planning meetings, early warning and compensation event meetings every week Contracting parties must use NEC3 standard forms available in the Eskom Intranet for the administration of the contract In order to substantiate the Defined Cost of compensation events, the Employer may require the Contractor to keep records of amounts paid by him for people employed by the Contractor, Plant and Materials, work subcontracted by the Contractor and Equipment.
Cash-flow forecasts are prepared for each financial reporting period as set out in the Works Information from the starting date until Completion of the whole of the works and contain such information as the Works Information or the Project Manager require in order to compare total Defined Cost incurred against total forecast Defined Cost over the same period.
The forecasted amount at the next assessment is compared with the actual Defined Cost incurred and interest applied to the difference between these amounts is either paid to or deducted from the Contractor, as the case may be, in the next assessment.
The percentage for overheads and profit added to the Defined Cost is [●]% 4 Available from Engineering Contract Strategies on ▇▇▇.▇▇▇.▇▇.▇▇ Tel ▇▇▇ ▇▇▇ ▇▇▇▇, Fax ▇▇▇ ▇▇▇ ▇▇▇▇.
The percentage for overheads and profit added to other Defined Cost is %.
For Option E the Price List is used only for forecasting Defined Cost.