Equipment Charges. All costs of equipment provided by Aqua Illinois shall be charged at the fully distributed cost incurred by Aqua Illinois in providing the use of the equipment to Aqua Indiana. Fully distributed costs for use of the equipment will include, but not be limited to, the direct cost of the equipment, a portion of indirect costs to reflect administrative and general and other overhead amounts, and a return equal to the rate of return on rate base most recently allowed to Aqua Illinois by the Illinois Commerce Commission (“ICC”). Any labor costs associated with the use of the equipment shall be charged in accordance with Article 2.1 above.
Appears in 2 contracts
Samples: Services Agreement, Services Agreement
Equipment Charges. All costs of equipment provided by Aqua Illinois shall be charged at the fully full distributed cost incurred by Aqua Illinois in providing the use of the equipment to Aqua Indiana. Fully distributed costs for use of the equipment will include, but not be limited to, the direct cost of the equipment, a portion of indirect costs to reflect administrative and general and other overhead amounts, and a return equal to the rate of return on rate base most recently allowed to Aqua Illinois by the Illinois Commerce Commission (“ICC”). Any labor costs associated with the use of the equipment shall be charged in accordance with Article 2.1 above.Article
Appears in 2 contracts
Samples: Services Agreement, Services Agreement
Equipment Charges. All costs of equipment provided by Aqua Illinois shall be charged at the fully full distributed cost incurred by Aqua Illinois in providing the use of the equipment to Aqua Indiana. Fully distributed costs for use of the equipment will include, but not be limited to, the direct cost of the equipment, a portion of indirect costs to reflect administrative and general and other overhead amounts, and a return equal to the rate of return on rate base most recently allowed to Aqua Illinois by the Illinois Commerce Commission (“ICC”). Any labor costs associated with the use of the equipment shall be charged in accordance with Article 2.1 above.Article
Appears in 1 contract
Samples: Services Agreement
