Project Management Costs means expenditures incurred by PMU on account of Project activities, including utility charges, rent for office space, maintenance of vehicles, fuel, office supplies, communication services, audit costs and travel costs.
Project Management Costs means all actual out-of-pocket costs incurred by Lessee pursuant to this Agreement or a separate construction management agreement in connection with the construction activities, including (i) all direct wages and salaries (including benefits, payroll burden and overtime) which the Lessee pays to personnel employed or retained to conduct such construction activities and a fair allocation of the direct wages and salaries (including benefits, payroll burden and overtime) of Lessee’s other personnel conducting such construction activities; (ii) the fair market value of materials or equipment provided directly by Lessee or its affiliates (including the standard corporate day rate for any vehicles and equipment that are so utilized); (iii) a fair allocation of the lease payments of any leased vehicles and equipment that are so utilized; (iv) all other third-party costs incurred by Lessee in the performance of such construction activities; and (v) all sales, use, transfer or similar taxes (excluding those taxes based upon Lessee’s net income, gross receipts, net worth or similar taxes) incurred or paid by Lessee in conducting such construction activities or providing materials, if any (provided, that in managing its affairs, Lessee will attempt to minimize, to the extent practicable, all such taxes incurred on behalf of Lessor and, in this regard, Lessor agrees to cooperate and provide Lessee any assistance necessary including providing appropriate evidence of any exemptions from tax).
Project Management Costs means expenditures under the Project incurred by the Water Companies in relation to office support, office supplies and communications, but excluding salaries of officials of the Borrower.
Examples of Project Management Costs in a sentence
Child Projects of Programs follow the same procedure as FSPs or MSPs. Hence, PMC for Programs is the total of the Project Management Costs of all Child Projects.
In connection therewith, Lessor will reimburse Lessee for all Project Management Costs that Lessee incurs in connection with constructing such Footprint Project, provided that any costs and expenses of Lessee under this Section 10.4 must be included in any CapEx Budget submitted by Lessee under Section 10.1 or approved by Lessor to qualify for reimbursement by Lessor hereunder.
The Appendix B proposal cost for each site location will be tabulated with an intent to award made based on the SUM of Column H, Network Construction Costs; plus Column I, Design and Engineering Costs, plus Column J, Project Management Costs, plus the SUM of the lines of the monthly recurring costs and monthly taxes/fees (if any), multiplied by the applicable length of service in months, forty-eight (48), not to include extensions, plus the addition of one-time non-recurring costs, if included.
Hart suggested two further recommendations be added with regard to progress reports and additional funding for the Project Management Costs as detailed in the pre-amble above.
GEF, November 2012.• Policy on Gender Mainstreaming, SD/PL/02, GEF Secretariat, May 2012.• Rules and Guidelines for Agency Fees and Project Management Costs, GEF/C.39/09, GEF, October 2010.• Streamlining of Project Cycle, GEF/C.43/06.
More Definitions of Project Management Costs
Project Management Costs means the amount payable to the TSP in respect of the management of the implementation of any Redeployment Variation, being the actual costs of resourcing the management of the implementation of any Redeployment Variation, payable by the TSP, as set out in any Indicative Cost Plan (or Final Cost Plan, if any);
Project Management Costs means the reasonable cost of expenditures incurred by the Recipient on account of Project implementation, management and monitoring, including utility charges, rent for office space, maintenance of vehicles, fuel, office supplies, banking charges, communication services, audit costs, travel costs, per diem, salaries and labor costs and other consumables but excluding salaries of officials of the Recipient and the purchase of vehicles.”
Project Management Costs means all actual out-of-pocket costs incurred by Lessee pursuant to this Agreement or a separate construction management agreement in connection with the construction activities, including (i) all direct wages and salaries (including benefits, payroll burden and overtime) which Lessee pays to personnel employed or retained to conduct such construction activities and a fair allocation of the direct wages and salaries (including benefits, payroll burden and overtime) of Lessee’s other personnel conducting such construction activities; (ii) the fair market value of materials or equipment provided directly by Lessee or its affiliates (including the standard corporate day rate for any vehicles and equipment that are so utilized); (iii) a fair allocation of the lease payments of any leased vehicles and equipment that are so utilized; (iv) all other third-party costs incurred by Lessee in the performance of such construction activities; and (v) all sales, use, transfer or similar taxes (excluding franchise taxes and those taxes based, in whole or in part, upon Lessee’s net income, gross receipts, net worth or similar taxes) incurred or paid by Lessee in conducting such construction activities or providing materials, if any (provided that, in managing its affairs, Lessee will attempt to minimize, to the extent practicable, all such taxes incurred on behalf of Lessor and, in this regard, Lessor agrees to cooperate and provide Lessee any assistance necessary including providing appropriate evidence of any exemptions from tax).
Project Management Costs means all actual out-of-pocket costs incurred by Lessee pursuant to this Agreement or a separate construction management agreement in connection with the construction activities, including (i) all direct wages and salaries (including benefits, payroll burden and overtime) which Lessee pays to personnel employed or retained to conduct such construction activities and a fair allocation of the direct wages and salaries (including benefits, payroll burden and overtime) of Lessee’s other personnel conducting such construction activities; (ii) the fair market value of materials or equipment provided directly by Lessee or its affiliates (including the standard corporate day rate for any vehicles and equipment that are so utilized); (iii) a fair allocation of the lease payments of any leased vehicles and equipment that are so utilized; (iv) all other third-party costs incurred by Lessee in the performance of such construction activities; and
Project Management Costs means expenditures incurred by CMO on account of utility charges, rent for office space, maintenance of vehicles, fuel, office supplies, banking charges, communication services, audit costs, travel costs, salaries and labor costs and other consumables but excluding salaries of officials of the Borrower.
Project Management Costs means expenditures under Part C of the Project incurred by the PCU in relation to maintenance of vehicles and equipment, fuel, utility charges, office supplies, international communications, local transport costs and fees of PCU staff excluding salaries of officials of the Borrower.
Project Management Costs means reasonable incremental expenses: (i) incurred by the Borrower on account of Project implementation, management and monitoring, including the cost of: (A) transportation and travel, (B) training civil servants of the Borrower and FER staff, (C) attendance of seminars and conferences, and (D) communication; and (ii) incurred by the FER on account of Project implementation, management and monitoring, including the cost of: (A) office goods and supplies, (B) maintenance of office equipment, systems and facilities, (C) insurance of property, (D) rent and utilities, (E) communication, (F) transportation and travel, (G) FER consultants’ services, (H) FER staff salaries, including qualified social charges, (I) training of FER staff, (J) attendance of seminars and conferences, (K) Project-related auditing services, and supervision costs, and (L) other ordinary, reasonable and necessary activities directly related to Project implementation, management and monitoring; provided, however, that the expenditures hereunder shall be set forth in approved annual budgets of the FER, adopted pursuant to the Agency Agreement, MNR-FER Project Implementation Support Agreement, Operating Manual, and paragraph 6 of Schedule 5 to this Loan Agreement; and