Examples of Disallowable Costs in a sentence
One of the benefits on this utility option is that it ‘solves the root of the problem through a principle based approach’.190 However, there are a number of disadvantages also acknowledged by ACIP, including the ‘large short term costs in such a major change to the system’.191 The impact of any reform, therefore, must be assessed in terms of the cost of its institution as well as the perceived benefits of its introduction.
The value of any Disallowable Costs and/or Revenue Foregone and/or any SoS Claims (and/or in accordance with paragraph 5.9, relevant Initial SoS Claim Amounts as applicable) as agreed or determined whether pursuant to paragraph 5.4A, paragraph 5.5, paragraph 5.6A, paragraph 5.6B, paragraph 5.6C or paragraph 5.9 shall be referred to as “ Accrued Disallowable Costs” and “Accrued Revenue Foregone” and “Accrued Claims” (as applicable).
Without prejudice to the generality of the foregoing, in considering any revisions to the Budget, regard shall be had to the definitions of Costs, Revenue, Capital Expenditure, Good and Efficient Operator, Disallowable Costs and Revenue Foregone, so as to ensure that the revisions to the Budget are consistent with those definitions.
Subject to paragraph 5.8A, the value of any Accrued Disallowable Costs and/or Accrued Revenue Foregone and/or Accrued Claims on each occasion accumulated pursuant to paragraph 5.7 shall be aggregated with the total of all Disallowable Costs, Revenue Foregone and SoS Claims which have been previously accumulated, such aggregated value from time to time being the “ Aggregated Costs and Revenues Liabilities”.
Nothing in this paragraph 11 shall limit the rights and remedies of the Secretary of State in respect of any Disallowable Costs, Revenue Foregone and/or SoS Claims not taken into account in the calculation of PPADC.
Revenue Foregone, Accrued Disallowable Costs and Accrued Revenue Foregone of the Final Reviewed Accounts reconciled to the Management Accounts in relation to the period of the term of the EMA, in a format to be from time to time reasonably specified by the Scottish Ministers (the “Final Reviewed Accounts Reconciliation”).
Subject always to Paragraph 4.1(qq) (Disallowable Costs), 4.1(rr) (Disallowable Costs) and 4.2 (Disallowable Costs) below, Costs incurred by the Contractor in satisfying a Sub Contract or a Sub Subcontract entered into prior to the Commencement Date will be Allowable Costs notwithstanding that they might otherwise fall within the other provisions of Paragraph 4.1 (Disallowable Costs).
Only such part shall be treated as Defective Works for the purposes of determining the incidence of Disallowable Costs in accordance with this Appendix.
For all Reporting Periods, line items should be disaggregated between sections in relation to Actual Costs, Actual Revenues, Actual Capex, Disallowable Costs, Revenue Foregone, Accrued Disallowable Costs, Accrued Revenue Foregone, accrued SoS Claims, Non-Recoverable Costs and Unreimbursed Disallowable Costs; and (ii) a supplementary explanation setting out details of any Non- Recoverable Costs and Disallowable Costs that have not been reimbursed for that Franchisee Year.
The PBO hereby indemnifies the Authority against all Disallowable Costs incurred in any Contract Year, against any Costs arising out of reference of a dispute to the Dispute Resolution Procedure pursuant to Clause 13 (Dispute Management) of the Site M&O Contract which the Dispute Resolution Process determines to be payable by the PBO, and against any amount which is determined pursuant to Clause 6 (Finance) of the Site M&O Contract to be payable by the PBO to the Authority.