Efficient Costs definition

Efficient Costs has the meaning given to it in clause 3.3 of Schedule 2 (Pricing Principles) of this Agreement.
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Efficient Costs means [to be completed by TATT]
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Efficient Costs means the lowest cost of providing the Reference Service, and that, as such, only capital costs calculated on a “forward-looking” basis without regard to past actual investment (including a purchase price) may be considered in determining efficient costs for the purposes of section 8.1(a);18
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Examples of Efficient Costs in a sentence

  • Provided that QR Network complies with the pricing constraints described in Subclauses 6.1.1 and 6.1.2 and Clause 6.2, QR Network will be entitled to earn revenue from the provision of Access, including both Access Charges and Transport Service Payments, that is sufficient to achieve full recovery of Efficient Costs (providing for any transitional arrangements agreed with the QCA), including an adequate rate of return on the value of assets reasonably required.

  • Queensland Rail may require the System Planning Group or the Access Holder or Access Seeker seeking an update to a System Master Plan to fund Queensland Rail’s Efficient Costs incurred in updating the System Master Plan.

  • The Multiplex Licensee may recover all Efficient Costs it incurs in relation to the supply of the Multiplex Transmission Service.

  • Queensland Rail may require the Regional Network Planning Group or the Access Holder or Access Seeker seeking an update to a Regional Network Master Plan to fund Queensland Rail’s Efficient Costs incurred in updating the Regional Network Master Plan.

  • Our Total Efficient Costs (TEC) methodology is included as an attachment to this pricing proposal (PP001).

  • See under Agreement on Subsidies and Countervailing MeasuresSPS Agreement and.

  • What is the Significance of the Inquiry into the Efficient Costs and Tariffs of the Water Corporation, Aqwest and the Busselton Water Board?This inquiry presents an opportunity for the ERA to continue to ensure that water tariffs reflect the efficient cost of supply and that customers receive value for money for water, wastewater and drainage services.This inquiry is the third major review of the Water Corporation’s water and wastewater tariffs, and of Aqwest and Busselton Water’s water tariffs.

  • Economic Regulation Authority (2013) Inquiry into the Efficient Costs and Tariffs of the Water Corporation, Aqwest and the Busselton Water Board: Revised Final Report, p.

  • This budget has been consolidated into four volumes which provide details of budget estimates.

  • Renli ziyuan shehui baozhang bu ⼈⼒资源社会保障部 (2015) 中国社会保险发展年度报告2014 (Annual report on the development of social insurance in China, 2014).


More Definitions of Efficient Costs

Efficient Costs has the meaning given to it in clause 3.3 of Schedule 2 (Pricing Principles). Effective Date means the date that this Agreement is executed by both Parties. Excess-Capacity Access Entitlement has the meaning given to it in section 118NB of the Radiocommunications Act. Excess-Capacity Access Obligations has the meaning given to it in section 118NB of the Radiocommunications Act.
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Related to Efficient Costs

  • Routine Patient Costs means all health care services that are otherwise covered under the Group Contract for the treatment of cancer or other Life-threatening Condition that is typically covered for a patient who is not enrolled in an Approved Clinical Trial.

  • Development Costs means costs incurred to obtain access to reserves and to provide facilities for extracting, treating, gathering and storing the oil and gas from reserves. More specifically, development costs, including applicable operating costs of support equipment and facilities and other costs of development activities, are costs incurred to:

  • Project Costs means all allowable costs, as set forth in the applicable Federal cost principles, incurred by a recipient and the value of the contribu- tions made by third parties in accom- plishing the objectives of the award during the project period.

  • Replacement Costs means the expenditures for obtaining and installing equipment, accessories or appurtenances which are necessary during the useful life of the treatment works to maintain the capacity and performance for which such works were designed and constructed.

  • Costs of the Project means Recipient’s actual costs (including any financing costs properly allocable to the Project) that are (a) reasonable, necessary and directly related to the Project, (b) permitted by generally accepted accounting principles to be Costs of the Project, and (c) are eligible or permitted uses of the Financing Proceeds under applicable state or federal statute and rule.

  • Development Cost means the total of all costs incurred in the completion of a Development excluding Developer Fee, operating deficit reserves, and total land cost as typically shown in the Development Cost line item on the development cost pro forma.

  • Project Cost means the price payable to Service Provider over the entire period of Agreement (i.e. Rs. <in words>) for the full and proper performance of its contractual obligations.

  • Production Costs means those costs and expenditures incurred in carrying out Production Operations as classified and defined in Section 2 of the Accounting Procedure and allowed to be recovered in terms of Section 3 thereof.

  • Operating Costs means the incremental expenses incurred by the Recipient on account of Project implementation, management, and monitoring, including for office space rental, utilities, and supplies, bank charges, communications, vehicle operation, maintenance, and insurance, building and equipment maintenance, advertising expenses, travel and supervision, salaries of contractual and temporary staff, but excluding salaries, fees, honoraria, and bonuses of members of the Recipient’s civil service.

  • Recurrent Expenditure means any expenditure on the establishment, conduct, administration and maintenance of the Academy which does not fall within the categories of capital expenditure set out at clause 36. The Secretary of State shall pay two separate and distinct grants in respect of Recurrent Expenditure: General Annual Grant (“GAG”) and Earmarked Annual Grant (“EAG”). Capital Grant

  • Direct Costs means the sum of the following:

  • Emergency Expenditures means any of the eligible expenditures set forth in the CERC Manual referred to in Section I.F of Schedule 2 to this Agreement and required for the Contingent Emergency Response Part.

  • Management Expenses means the Management Expenses more particularly described in Clause 10.1;

  • Cost means all expenditure properly incurred (or to be incurred) by the Contractor, whether on or off the Site, including overheads and similar charges but does not include any allowance for profit.

  • Medical Expenses means those expenses that an Insured Person has necessarily and actually incurred for medical treatment on account of Illness or Accident on the advice of a Medical Practitioner, as long as these are no more than would have been payable if the Insured Person had not been insured and no more than other hospitals or doctors in the same locality would have charged for the same medical treatment.