Cost recovery definition

Cost recovery means collection, upon approval by the commission pursuant to its authority under section4909.15 of the Revised Code, of such documented EDU interconnection costs that are incurred at reasonable levels for prudent purposes and that are over and above the review processing fees set forth in rules 4901:1-22-06 to 4901:1-22-08 of the Administrative Code.

Cost recovery method of income recognition means equal amounts of revenue and expense are recognized as collections are made until all costs have been recovered, postponing any recognition of profit until that time.17

Cost recovery means the recovery of costs and expenses in accordance with Article 18.7.

Examples of Cost recovery in a sentence

• The team would review the 2015 Water and Wastewater Capital Cost Recovery Study for initial values and make any recommendations for changes or refinement of data.

• The Cost Recovery Fee is intended not as a penalty, but simply to offset the cost of selling the unused portion of your electricity to others and estimated lost revenue that XOOM may incur from such a sale, if any, and related expenses.

• Cost Recovery: Seller shall be responsible for reasonable costs associated with the replacement and/or repair of defective and/or nonconforming items or unapproved substitutions.

• If you move to a location outside your local utility’s service territory, you may cancel this Agreement and you will not incur a Cost Recovery Fee, provided that you send XOOM written notice of your move, including your new address.

• As explained in the Relocation section above, you will not be charged a Cost Recovery Fee if: (1) you move to an address within your local utility’s service territory and we are able to transfer service to your new location; or (2) you move outside of your local utility’s service territory.

More Definitions of Cost recovery

Cost recovery means the degree to which the operational costs of providing a program or service are supported by user fees and/or other funding mechanisms such as grants, partnerships, donations, sponsorships, or other alternative (non-tax) funding sources.

Cost recovery means that (I) the sum of Disposition Recovery, Land Recovery, and Ownership Recovery, exceeds (II) Infrastructure Costs for any an all phases of the Infrastructure, plus interest on Infrastructure Costs at an annual rate of nine percent, compounded monthly. Cost Recovery shall be determined on a calendar year basis; such determination shall be made by March 31 of each year for the preceding calendar year.

Cost recovery means the recovery of costs without profit;

Cost recovery means mechanisms to recover the costs of investment in, and operation of, the system;

Cost recovery means the disbursement of proceeds to pay for eligible program costs not covered by the program revenues/receipts.(Added Mar 2018)

Cost recovery means the process by which Contractor is allocated produced Crude Oil for the recovery of its Petroleum Expenditures pursuant to Article 13.

Cost recovery means the recovery of operational and maintenance costs of the producer responsibility organisations, i.e. costs related to the collection, storage and treatment of waste products, as well as the administrative and awareness raising costs of the producer responsibility organisations;