Common use of Regional Value Content Clause in Contracts

Regional Value Content. 1. Each Party shall provide that a regional value content requirement specified in this Chapter, including related Annexes, to determine whether a good is originating, is calculated as follows: (a) Build-down Method: Based on Value of Non-Originating Materials RVC = Value of the Good – VNM x 100 or (b) Build-up Method: Based on Value of Originating Materials RVC = VOM x 100 Value of the Good where:

Regional Value Content. 1. Each Party shall provide that a regional value content requirement specified in this Chapter, including related Annexes, to determine whether a good is originating, is calculated as follows: (a) Build-down Method: Based on Value of Non-Originating Materials RVC = Value of the Good – — VNM x 100 Value of the Good or (b) Build-up Method: Based on Value of Originating Materials RVC = VOM x 100 Value of the Good where:

Regional Value Content. 1. Each Party shall provide that a regional value content requirement specified in this Chapter, including related AnnexesAnnex 3-B, to determine whether a good is originating, is calculated as follows: (a) Buildbuild-down Methodmethod: Based based on Value the value of Nonnon-Originating Materials originating materials: RVC = Value of the Good – - VNM x 100 orx100 Value of the Good (b) Buildbuild-up Methodmethod: Based based on Value the value of Originating Materials originating materials: RVC = VOM x 100 x100 Value of the Good where:

Regional Value Content. ‌ 1. Each Party shall provide that Where a regional value content requirement is specified in this Chapter, including related Annexes, to determine whether a good is originating, is the regional value content shall be calculated as followsusing one of the following methods: Build-Down Method: based on the value of non-originating materials 𝑅𝑉𝐶 = × 100 Build-Up Method: based on the value of originating materials 𝑅𝑉𝐶 = × 100 in each case where: (a) Build-down Method: Based on Value 2. All costs considered for the calculation of Non-Originating Materials RVC = Value regional value content shall be recorded and maintained in conformity with the generally accepted accounting principles applicable in the territory of a Party where the Good – VNM x 100 or (b) Build-up Method: Based on Value of Originating Materials RVC = VOM x 100 Value of the Good where:good is produced.