Provisional Cost definition

Provisional Cost means the sum set out in Clause 6.3. Personnel of a Party means the officers, employees, contractors (in the case of Sodexo including Subcontractors and their employees) and agents of that Party and its Related Companies (but in the case of Asian Institute of Technology, excluding Sodexo and Sodexo's Personnel). Policies and Procedures means Asian Institute of Technology’s policies, manuals, procedures and rules as amended including those which relate to compliance with to Environmental Laws, varied or updated by Asian Institute of Technology and notified to Sodexo in writing from time to time. Services means all or any of the services or works to be managed and provided by Sodexo to Asian Institute of Technology as specified in Schedule 1 and includes any variations pursuant to clause 26. . Services Commencement Date means a date, to be agreed between the parties, that is between 12 to 15 weeks from the date of execution of this Agreement Schedule means a schedule to this Agreement, as amended from time to time.

Examples of Provisional Cost in a sentence

  • Provisional Cost Recovery Statements, containing estimated information where necessary, shall be submitted by the Contractor on the last day of each Quarter.

  • The Service Provider will be allowed to use a Provisional Cost item in the costing of the claim.

  • Any queries, issues and discrepancies from the Provisional Cost will be discussed during the joint Parties monthly meetings.

  • The Parties also recognise that, at the time of contract award, the estimate of allowable costs that would be incurred by the Contractor in relation to the Firm Price Items has been based in part upon the use of Provisional Cost Recovery Rates pending the agreement and promulgation of actual cost recovery rates.

  • AIT will independently audit the monthly expenditure from the Provisional Cost.

Related to Provisional Cost

  • Additional Cost has the meaning assigned to such term in Section 3.01.

  • Additional Cost Rate has the meaning given to it in Schedule 4 (Mandatory Cost formulae).

  • Historical cost means the actual cost incurred in

  • Original Cost means the total amount paid to purchase a security, including any transaction charges related to the purchase;

  • Additional Costs has the meaning given that term in Section 4.1.