Full cost definition

Full cost means the cost of providing service plus a reasonable charge for administrative overhead and where relevant any applicable charges aimed at reflecting environmental costs and applied without distinction as to nationality;
Full cost means the cost of service provided plus a reasonable charge for administrative overhead;

Examples of Full cost in a sentence

  • Full cost shall include travel expenses, accommodation and subsistence, and the employee shall suffer no loss of salary.

  • Full cost pricing is DCAA’s standard policy for services provided as required by the OMB Circular A-25, Transmittal Memorandum #1, User Charges.

  • In addition to the fee shown, an applicant may be assessed an additional fee for sealed source and device evaluations as shown in Categories 9A through 9D.3 Full cost fees will be determined based on the professional staff time multiplied by the appropriate professional hourly rate established in§ 170.20 in effect at the time the service is provided, and the appropriate contractual support services expended.

  • Full cost recovery rates are established at the beginning of each fiscal year and are subject to revision to reflect changing costs factors during the fiscal year.

  • Full cost transparency should aid decision-making and so benefit Fund returns.


More Definitions of Full cost

Full cost or "full premium" means the entire amount needed to fund the employee benefit in question irrespective of whether part would ordinarily be paid by the employee and part paid by the Board.
Full cost. , of goods or services, means all costs attributable to the goods or services, including, for example
Full cost means an amount calculated by the constituent institution that is
Full cost means an amount calculated by the constituent institution that is no less than the sum of tuition, required fees, and on-campus room and board.
Full cost means the cost of services provided, which may include the appropriate amounts for costs of capital and depreciation of assets, as well as the costs of maintenance, operation, management, and administration;
Full cost means the cost after all discounts have been deducted and inclusive of Advertising Standards Board of Finance (ASBOF) / Broadcast Advertising Board of Finance (BASBOF), Framework Levy and VAT. Note however, that VAT must be shown separately on all invoices, and that the Fee Commission and any other costs (e.g. ASBOF/BASBOF @ 0.1% of net expenditure) must be calculated on the VAT exclusive figure and shown separately on all invoices, with the exception of International activity;