Value Date means a reference time used by a payment service provider for the calculation of interest on the funds debited from or credited to a payment account;
Best Value Duty means the duty imposed on the Authority by Part 1 of the 1999 Act and under which the Authority is under a statutory duty to continuously improve the way its functions are exercised, having regard to a combination of economy, efficiency and effectiveness and to the guidance issued from time to time by the Secretary of State, the Audit Commission and the Chartered Institute of Public Finance and Accountancy pursuant to, or in connection with, Part 1 of the 1999 Act.
Earned value management system means an earned value management system that complies with the earned value management system guidelines in the ANSI/EIA-748.
Measurable means the amount of the transaction can be determined and “available” means collectible with the current period or soon enough thereafter to be used to pay liabilities of the current period. State equalization monies are recognized as revenue during the period in which they are appropriated. A one- year availability period is used for revenue recognition for all other governmental fund revenues.
Motor-driven cycle means every motorcycle that has a gasoline engine that (i) displaces less than