Allowance definition

Allowance means compensation payable to an employee in addition to his regular remuneration payable for the performance of the duties of his position;
Allowance means a sum of money which the Agency may include in the total amount of the Contract for such specific contingencies as the Agency believes may be necessary to complete the Work, e.g., lead or asbestos remediation, and for which the Contractor will be paid on the basis of stipulated unit prices or a formula set forth in the Contract or negotiated between the parties provided, however, that if the Contractor is not directed to use the Allowance, the Contractor shall have no right to such money and it shall be deducted from the total amount of the Contract.
Allowance means compensation payable for the performance of special or additional duties;

Examples of Allowance in a sentence

  • The Contract Sum shall also be adjusted by the amount of any unused Allowance that was specifically and expressly included in the original Contract Sum.

  • An Allowance is an amount included in the Bid for Work that may or may not be included in the Project, depending on conditions that will not become known until after Bid time.

  • The Single Discretionary Allowance (SDA) is an allowance of R1 million granted by the SARB per calendar year (1 January to 31 December), which a South African resident aged 18 years or older may use for any legal purpose offshore (including investing).

  • Any deficiency in the Allowance shall be remedied in the quarter it is discovered, prior to the filing of the Consolidated Reports of Condition and Income, by additional provisions from earnings.

  • Any Allowance balance remaining at the end of the policy period may not be carried forward to the next policy period.


More Definitions of Allowance

Allowance means an amount based on a percentage of the accepted bid for an eligible project to help defray the planning, design, and construction engineering and administration costs of the Project.
Allowance means an authorization by the administrator under Title IV of the Act or rules promulgated thereunder to emit during or after a specified calendar year up to one ton of sulfur dioxide.
Allowance means an authorization to emit a fixed amount of carbon dioxide.
Allowance means the lower of:
Allowance means a limited tradable authorization to emit up to one metric ton of carbon dioxide equivalent.
Allowance means an authorization by the administrator under the acid rain program to emit up to one ton of sulfur dioxide during or after a specified calendar year.
Allowance means an allowance to emit one tonne of carbon dioxide equivalent during a specified period, which shall be valid only for the purposes of meeting the requirements of this Directive and shall be transferable in accordance with the provisions of this Directive;