Minor cost definition

Minor cost means a cost that is less than one percent of annual payroll or the greater of either .3 percent of annual revenue or $100.
Minor cost means a cost that is less than 1% of annual payroll or the greater of either
Minor cost means a cost per business that is less than three-tenths of one percent of annual revenue or income, or one hundred dollars, whichever is greater, or one percent of annual payroll. However, for the rules of the department of social and health services "minor cost" means cost per business that is less than fifty dollars of annual cost per client or other appropriate unit of service.

Examples of Minor cost in a sentence

  • Minor cost reallocations within the cost categories of a particular partner are taken to mean the reallocation of amounts below 15 % of the partner’s total costs or below EUR 15,000.

  • Minor cost reallocations between partners are taken to mean the reallocation of amounts below 10 % of the total project costs and below EUR 100,000.Larger cost reallocations are all reallocations that cannot be considered as minor.

  • Minor cost reductions are expected for the power block system because conventional technol- ogy is already in use in this regard.

  • Financial Impact: Minor cost associated with advertising the public hearing.

  • Minor cost savings may be incurred due to a reduction of meetings personnel are required to schedule, prepare and attend.

  • Economic Impacts:• Minor cost reduction associated with avoided mixed waste collection and landfilling ($900 - $2,000).

  • Financial Impact: Minor cost associated with advertising the ordinance public hearing.

  • For those States, the Major cost is listed in italics in the A cost column, the Minor cost is listed in italics in the B cost column, and N/A is listed in the C cost column.APPENDIX D: PRACTICES IN DEVELOPING AND UPDATING CRASH COSTS‌ The following sections illustrate some of the different methods that States use to develop their crash costs.

  • Minor cost savings of not less than $15,000 to insurers, through reduced handling of reported filings in paper forms.

  • Minor cost resources are package material and packing facility costs.


More Definitions of Minor cost

Minor cost means a cost per business that is less than three-
Minor cost means cost per business that is less than fifty dollars of
Minor cost means no significant repairs needed, normal maintenance costs necessary.

Related to Minor cost

  • Trip Cost means the dollar amount of Trip payments or deposits paid by the Insured prior the Insured’s Trip Departure Date and shown on any required application which is subject to cancellation penalties or restrictions. Trip cost will also include the cost of any subsequent pre-paid payments or deposits paid by the Insured for the same Trip, after application for coverage under this plan provided the Insured amends the Application to add such subsequent payments or deposits and pays any required additional plan cost prior to the Insured’s Departure Date.

  • Direct Cost means a cost not to exceed the cost of labor, material, travel and other expenditures to the extent the costs are directly incurred to provide the relevant assistance or service. “Direct Cost” to the Acquirer for its use of any of a Respondent’s employees’ labor shall not exceed the average hourly wage rate for such employee;

  • Net cost means the Contractor’s actual cost after deducting all permitted cash and trade discounts, rebates, allowances, credits, sales taxes, commissions, and refunds (whether or not any or all of the same shall have been taken by the Contractor) of all parts and materials purchased by the Contractor solely for the use in performing its obligation hereunder provided, where such purchase has received the prior written approval of the Manager as required herein. The Contractor shall promptly furnish to the Manager such bills of sale and other instruments as the Manger may require, executed, acknowledged and delivered, assuring to the Manager title to such materials, supplies, equipment, parts, and tools free of encumbrances.

  • book cost means the total amount paid to purchase a security, including any transaction charges related to the purchase, adjusted for reinvested distributions, returns of capital and corporate reorganizations;

  • FTE Cost means, for any period, the FTE Rate multiplied by the number of FTEs in such period.

  • 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.

  • Standard Cost means any cost computed with the use of preestablished measures.

  • Equipment Cost means, for any Item of Equipment, the gross amount paid by the Company to the manufacturer thereof, including all applicable sales taxes, and delivery charges as invoiced by such manufacturer to the Company.

  • 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.

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

  • Tax Cost means any increase in Tax payments otherwise required to be made to a Taxing Authority (or any reduction in any refund otherwise receivable from any Taxing Authority).

  • Restoration Cost has the meaning set forth in Section 5.06.

  • Estimated Cost , for the purposes of rule 22, means the estimated cost to maintain, repair or replace a major capital item;

  • 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.

  • Patient cost means the cost of a medically necessary health care service that is incurred as a result

  • Labor costs means total compensation of all employees, not to include compensation paid

  • Improvement Costs means any additional expenditure on a fixed asset that materially increases the capacity of the asset or materially improves its functioning or represents more than 10% of the initial depreciation base of the asset;

  • Indirect cost means any cost not directly identified with a single final cost objective, but identified with two or more final cost objectives or with at least one intermediate cost objective.

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

  • Replacement Cost means the cost to repair or rebuild the improvements owned by Lessor at the time of the occurrence to their condition existing immediately prior thereto, including demolition, debris removal and upgrading required by the operation of applicable building codes, ordinances or laws, and without deduction for depreciation.

  • Base Cost means base cost as defined in paragraph 1 of the Eighth Schedule;

  • 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.

  • Total cost means the total annual cost of benefits and related costs including but not limited to claims, administration expenses, insurance premiums, consulting, auditing and advisory fees and all other costs and taxes, as reported on the insurance carrier’s most recent yearly statement, and if any, premium costs on other district school area board or public school authority statements, for the year ending no later than August 31, 2015. The aforementioned statements are to be provided to the Ministry of Education. Total Cost excludes retiree costs. The average number of Full-Time Equivalent (FTE) positions in the bargaining unit as at October 31st and March 31st for the period consistent with this clause.

  • Fully Loaded Cost means the direct cost of good or service plus all applicable indirect charges and overheads.

  • 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.

  • Full Replacement Cost as used herein shall mean the actual replacement cost of the Leased Property requiring replacement from time to time including an increased cost of construction endorsement, if available, and the cost of debris removal. In the event either party believes that full replacement cost (the then-replacement cost less such exclusions) has increased or decreased at any time during the Lease Term, it shall have the right to have such full replacement cost re-determined.