Low Cost Mode definition
Low Cost Mode means the following transportation modes: Public Bus, Public Bus‐ADA, Voucher, Mileage, Volunteers‐Agency, and Volunteer‐Broker
Examples of Low Cost Mode in a sentence
If the Contractor maintains an average Low Cost Mode percent of 50% for the quarter and the calculated LCM is less than five (5%) percent, a one (1%) percent increase to the total LCM percentage incentive calculation will be added.
If the Contractor maintains an average Low Cost Mode percent of % for the quarter and the calculated LCM is less than five (5) percent, a one (1) percent increase to the total LCM percentage incentive calculation will be added.