Efficient Cost definition

Efficient Cost means the cost, for each Year during the Evaluation Period, that reflects the cost that would be reasonably expected to be incurred by a Railway Manager adopting efficient work practices in the provision of the Infrastructure to the required service standard, having regard to any matters particular to the environment in which Aurizon Network operates, and including any transitional arrangements agreed between Aurizon Network and the QCA to reflect the transition from Aurizon Network’s actual cost to that efficient cost.
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Efficient Cost means the cost for each Year during the Evaluation Period, that reflects the cost that would be reasonably expected to be incurred by a Rail Transport Operator adopting efficient work practices in the provision of the Infrastructure to the required service standard, having regard to any matters particular to the environment in which QRAurizon Network operates, and including any transitional arrangements agreed between QRAurizon Network and the QCA to reflect the transition from QRAurizon Network’s actual cost to that efficient cost;
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Efficient Cost means cost equivalent to that of the network or service provider whose combination of allocative, productive and dynamic costs are the most optimal in the market for any info-communications resource;
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Examples of Efficient Cost in a sentence

  • Vario u s radiopharmaceuticals based on peptides are also bein g u se d for diag nosis a n d t hera p e u t ic purpose in cancer.Peptides in DiabetesDiabetes is an important segment for peptide drugs.

  • The pricing signal effects the National Efficient Price (NEP) and the National Efficient Cost (NEC) funding models and were progressively implemented from 1 July 2017 and lead to a range of objectives for delivery.

  • Efficient Cost Control: Standard Costing is a tool for the management to gain reduction in the cost and control over it.

  • Whilst some pragmatic adjustments could be made to improve the very limited quality of Mrs.

  • Tasmanian funding model The NHRA requires a National Efficient Price (NEP) and the National Efficient Cost (NEC) determinations for Australian public hospital services for the specific financial year.

  • The would ideally be a weighted average taking into account events priced by the National Efficient Price (NEP) and the National Efficient Cost (NEC) which are set by the Independent Hospital Pricing Authority (IHPA).

  • The Independent Hospital Pricing Authority’s (IHPA) key role is to determine the annual National Efficient Price (NEP) and National Efficient Cost (NEC) for Australian public hospital services.

  • It consolidates the selected CMA Efficient Cost inputs and applies a selected indexation.▪ It is important to note that the price base for most of the inputs used on this sheet are in 2017 prices (different to the convention used elsewhere in the model, which is to use a 2020 price base).

  • The concept of efficient cost already forms the basis of activity-based funding of public hospitals in Australia, where IHPA determines the National Efficient Price and National Efficient Cost for services (IHPA, 2017).

  • The Flexibility Contained in Trial Court Rule 29 is Essential to Achieve the Primary Purpose of the Business Court Division -- the Efficient, Cost- Effective, and Final Resolution of Business-Related Disputes.


More Definitions of Efficient Cost

Efficient Cost means the cost for each Year during the Evaluation Period, that reflects the cost that would be reasonably expected to be incurred by a Railway Manager adopting efficient work practices in the provision of the Rail Infrastructure to the required service standard, having regard to any matters particular to the environment in which QR Network operates, and including any transitional
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Efficient Cost means the cost for each Year during the Evaluation Period, that reflects the cost that would be reasonably expected to be incurred by a Rail Transport Operator adopting efficient work practices in the provision of the Network to the required service standard, having regard to any matters Deleted: Aurizon Network’s Deleted: Aurizon Network particular to the environment in which Queensland Rail operates, and including any transitional arrangements agreed between Queensland Rail and the QCA to reflect the transition from Queensland R ail’s actual cost to that efficient cost; Deleted: Aurizon Network’s Deleted: Infrastructure
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Related to Efficient Cost

  • Project Cost means the price payable to Service Provider over the entire period of Agreement (i.e. Rs. <in words>) for the full and proper performance of its contractual obligations.

  • Development Cost means the total of all costs incurred in the completion of a Development excluding Developer Fee, operating deficit reserves, and total land cost as typically shown in the Development Cost line item on the development cost pro forma.

  • Contract Cost means the Contract Sum plus Price Variation. This cost shall be included in the letter of acceptance.

  • Operating Cost means the costs associated with operating a multifamily development once the project is placed in service.

  • Total Development Cost means the total of all costs incurred in the completion of a Development, all of which shall be subject to the review and approval by the Credit Underwriter and the Corporation pursuant to this rule chapter, and as further described in Rule 67-48.0075, F.A.C.

  • Cost means all expenditure properly incurred (or to be incurred) by the Contractor, whether on or off the Site, including overheads and similar charges but does not include any allowance for profit.

  • Construction Cost means and includes the cost of the entire construction of the Project, including all supervision, materials, supplies, labor, tools, equipment, transportation and/or other facilities furnished, used or consumed, without deduction on account of penalties, liquidated damages or other amounts withheld from payment to the contractor or contractors, but such cost shall not include the Consulting Engineer/Architect's fee, or other payments to the Consulting Engineer/Architect and shall not include cost of land or Rights-of-Way and Easement acquisition.

  • The Contract Price/ Project Cost means the price payable to the Vendor under the Contract for the full and proper performance of its contractual obligations.