Target cost, definition

Target cost, as used in this contract, means the estimated cost of this contract as initially negotiated, adjusted in accordance with paragraph (d) of this clause.

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Target cost,. To be cited in each individual task order" Target Profit: "To be cited in each individual task order" Target Price: "To be cited in each individual task order" Ceiling Price: "To be cited in each individual task order" Applies to Fixed-Price Incentive (Firm Target) CLIN(s) only. The contract line items subject to price revision and price ceiling are set forth below. The profit adjustment formula is set forth in FAR 52.216-17.

Target cost,. To be cited in each individual task order" Target Fee: "To be cited in each individual task order. Maximum Fee: "To be cited in each individual task order. Minimum Fee: "To be cited in each individual task order. Government: "To be cited in each individual task order. Contractor: "To be cited in each individual task order. Applies to Cost-Plus-Incentive-Fee (Performance) CLIN(s) only. The estimated cost and fee shall be cited in each individual task order. The applicable fixed fee identified may be increased or decreased only by negotiation and modification of the contract for added or deleted work. As determined by the contracting officer, it shall be paid as it accrues, in regular installments based upon the percentage of completion of work (or the expiration of the agreed-upon period(s) for term contracts).

Examples of Target cost, in a sentence

• Target cost and profit covering these parts, other supplies, or services may be estab- lished separately, in the aggregate, or in any combination, as the parties may agree.

• Target cost & completion Each PTMP component will have its own separate target cost and completion date, to be discussed at a later stage.

• This phase would also identify and define the following general project details: ⬩ The precise scope and scale of the implementation including the pilot program and subsequent implementations; ⬩ An inventory of the telecommunications infrastructure available to each of the health care centers of the pilot area(s); ⬩ An inventory of the availability and capacity of local ICT companies to assist in project implementation; ⬩ The user training requirements; and ⬩ Target cost and schedule.

• The Target cost will be increased based on the final actual cost of the non-routine task order.

More Definitions of Target cost,

Target cost,. To be cited in each individual task order" Target Profit: "To be cited in each individual task order" Target Price: "To be cited in each individual task order" Ceiling Price: "To be cited in each individual task order"

Target cost, has the meaning given in paragraph 2.1.2 of Section 4 (High Value Changes) of this Schedule Part 16 (Change Protocol);

Target cost, is the initial cost of the Work established during the Validation Phase and Target Value Design by the Owner and Risk/Reward Team members which includes all Chargeable Costs to complete the Work described in the Base Program. The lower of (i) the Owner's Budget and (ii) the Target Cost will be used as the threshold for which the Added Value Incentive Items and Base Program are compared in order to determine whether ICL is increased during the Design/Preconstruction Phase.

Target cost, or "TC" means, in relation to:

Target cost, as used in this Order, means the estimated cost of this Order as initially negotiated, adjusted in accordance with paragraph (d) of this clause.

Target cost, or "TC" means, in relation to any PBF Assessment Period beginning on 1 April in any year, the aggregate of all forecast Costs falling within the relevant PBF Assessment Period (excluding any Capital Expenditure, forecast Non-Recoverable Costs or forecast Disallowable Costs) set out in the profit and loss accounts included in the Annual Business Plan, expressed as a positive number;

Target cost, as used in this contract, means the estimated cost of this contract as initially