Direct Materials Costs definition

Direct Materials Costs means the cost to VGX of materials utilized in the performance of Production Services, including freight-in costs, sales and excise taxes imposed thereon and customs duty and charges levied by government authorities, and all costs of packaging components.
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Examples of Direct Materials Costs in a sentence

  • Below is the list of Direct Material costs included in our sample proposal: DIRECT MATERIAL COSTS:YEAR 1YEAR 2Raw Materials$35,000.00$12,000.00Computer for experiments$4,215.00$0.00Cable (item #12-3657, 300 ft)$1,275.00$0.00Software$1,825.00$1,825.00Subtotal Direct Materials Costs (DM):$42,315.00$13,825.00 ii) “Raw Materials”: This is a generic label used to group many material items into one cost item within the proposal.

  • Table H.2.2-1 provides an example of Direct Material costs included in our sample proposal:Table H.2.2-1 Direct Material (example)DIRECT MATERIAL COSTS:YEAR 1YEAR 2Raw Materials$35,000.00$12,000.00Computer for experiments$4,215.00$0.00Cable (item #12-3657, 300 ft)$1,275.00$0.00Software$1,825.00$1,825.00Subtotal Direct Materials Costs (DM):$42,315.00$13,825.00 Raw Materials: This is a generic label used to group many material items into one cost item within the proposal.

  • Table 6: Example of Direct Material Costs as Proposed by Sample OfferorDIRECT MATERIAL COSTS:YEAR 1YEAR 2Raw Materials$35,000.00$12,000.00Computer for experiments$4,215.00$0.00Cable (item #12-3657, 300 ft)$1,275.00$0.00Software$1,825.00$1,825.00Subtotal Direct Materials Costs (DM):$42,315.00$13,825.00 Raw Materials: This is a generic label used to group many material items into one cost item within the proposal.

  • To calculate the estimated amount for materials and supplies: Estimated Two-Year Net Cost of Materials The Contractor’s compensation for the performance of Work Orders shall include the cost of materials used solely upon the work site in the performance of Work Orders (Direct Materials Costs) and, if required, the rental cost for equipment used solely at the work site in the performance of Work Orders (Direct Rental Costs), plus the quoted Contractor’s Fee.

  • The Contractor's compensation for the performance of Work Orders shall also include the Direct Materials Costs, and, if required, the Direct Rental Costs, plus the quoted Contractor's Fee.

  • Base PeriodOption Period 1Option Period 2TotalsTotal Direct Labor (TDL): Total Direct Materials Costs (TDM): Total Other Direct Costs (TODC): Total Indirect Costs (TODC): Fee or Profit TOTAL ESTIMATED PRICE: TABLE 2 Subcontract/inter-organizational transfers & consultants price summary.

  • Each person must identify themselves5 by name and municipality of residence before addressing the committee.

  • Direct Materials Costs: Fill in subtotal of direct materials costs.

  • The comprehensive general liability coverage shall be in the minimum amount of One Million Dollars ($1,000,000) for each occurrence and Two Million Dollars ($2,000,000) annual aggregate; and professional liability coverage shall be in the minimum amount of One Million Dollars ($1,000,000) for each occurrence and Three Million Dollars ($3,000,000) annual aggregate.

  • Extra Work is work which is necessary or desirable to operate the Combined Facility legally and safely in accordance with this Agreement, but which is not specified to be performed within the Work Scope and which increases Contractor's Direct Costs or Direct Materials Costs.

Related to Direct Materials Costs

  • Direct materials means those materials that enter directly into the end product, or that are used or consumed directly in connection with the furnishing of the end product or service.

  • Project Materials means any and all works of authorship, artistic, literary and other works, inventions and materials designed, created, developed, written or prepared by the Supplier (or the Supplier's Personnel) in the course of providing the Services, whether individually, collectively or jointly with the Purchaser and on whatever media;

  • Project Material means all Material:

  • Manufacturing Costs means the costs of Processing that generate Manufacturing Proceeds received by Grantor.

  • Direct Costs means the sum of the following:

  • Custom Materials means Materials developed by the Supplier at the Procuring Entity's expense under the Contract and identified as such in Appendix 5 of the Contract Agreement and such other Materials as the parties may agree in writing to be Custom Materials. Custom Materials includes Materials created from Standard Materials.

  • Program Materials means the documents and information provided by the Program Administrator specifying the qualifying EEMs, technology requirements, costs and other Program requirements, which include, without limitation, program guidelines and requirements, application forms and approval letters.

  • Construction materials means any tangible personal property that will be

  • Contract Material means all material created or required to be developed or created as part of, or for the purpose of performing, the Services, including documents, equipment, information and data stored by any means.

  • 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.

  • Client Materials means the CLIENT Development Materials and the CLIENT Production Materials.

  • Cost of materials means the cost of components, parts or materials which are intended for the production, manufacturing or assembling of the goods bid for and which are not produced, manufactured or assembled in the factory where the production, manufacture or assembly of such goods occurs, including freight, landing costs, port charges, import duties and other import costs of such components, parts or materials and all costs in connection with the handling and transport thereof prior to delivery at that factory;

  • Third Party Materials means materials and information, in any form or medium, including any software, documents, data, content, specifications, products, equipment or components of or relating to the Services that are not proprietary to NCIT.

  • IP Materials has the meaning given to it in clause E8.1 (Intellectual Property Rights).

  • SAP Materials means any software, programs, tools, systems, data, or other materials made available by SAP or any other member of the SAP Group to Partner or to an End User (either directly or indirectly via Partner) prior to or in the course of the performance under any part of this Agreement including, but not limited to, the other SAP Products.

  • GOODS / MATERIALS means any of the articles, materials, machinery, equipments, supplies, drawing, data and other property and all services including but not limited to design, delivery, installation, inspection, testing and commissioning specified or required to complete the order.

  • Standard Materials means all Materials not specified as Custom Materials.

  • Cloud Materials means any materials provided or developed by SAP (independently or with Provider’s cooperation) in the course of performance under the Agreement, including in the delivery of any support or Consulting Services to Provider or its Customers. Cloud Materials do not include any Customer Data, Provider Confidential Information, or the SAP Cloud Service.

  • Indirect Costs has the same meaning as in 44 Ill. Admin. Code Part 7000.

  • Study Materials means all the materials and information created for the Study, or required to be submitted to the Sponsor including all data, results, Biological Samples, Case Report Forms (or their equivalent) in whatever form held, conclusions, discoveries, inventions, know-how and the like, whether patentable or not, relating to the Study, which are discovered or developed as a result of the Study, but excluding the Institution’s ordinary patient records.

  • Developed Materials means Materials created, made, or developed by Contractor or Subcontractors, either solely or jointly with the Judicial Branch Entities or JBE Contractors, in the course of providing the Work under this Agreement, and all Intellectual Property Rights therein and thereto, including, without limitation, (i) all work-in-process, data or information, (ii) all modifications, enhancements and derivative works made to Contractor Materials, and (iii) all Deliverables; provided, however, that Developed Materials do not include Contractor Materials.

  • Input Material means all documents, information, representations, statements and materials provided by Customer or a third party on behalf of Customer, relating to the Services, including computer programs, data, logos, reports and specifications and inventories.

  • Recovered materials means metal, paper, glass, plastic, textile, or rubber materials that have known recycling potential, can be feasibly recycled, and have been diverted and source separated or have been removed from the solid waste stream for sale, use, or reuse as raw materials, whether or not the materials require subsequent processing or separation from each other, but does not include materials destined for any use that constitutes disposal. Recovered materials as described above are not solid waste.

  • Licensed Materials means any materials that Executive utilizes for the benefit of the Company (or any Subsidiary thereof), or delivers to the Company or the Company’s Customers, which (a) do not constitute Work Product, (b) are created by Executive or of which Executive is otherwise in lawful possession and (c) Executive may lawfully utilize for the benefit of, or distribute to, the Company or the Company’s Customers.

  • Development Costs means costs incurred to obtain access to reserves and to provide facilities for extracting, treating, gathering and storing the oil and gas from reserves. More specifically, development costs, including applicable operating costs of support equipment and facilities and other costs of development activities, are costs incurred to:

  • Routine patient care costs means Covered Medical Expenses which are typically provided absent a clinical trial and not otherwise excluded under the Policy. Routine patient care costs do not include: