Examples of Settlement Costs in a sentence
Where the Department accepts the DRB's ruling and the quantity of additional compensation and contract time associated with the dispute exceeds the amounts of the most recently updated Engineer's Estimate and Entitlement Analysis, then the DRB's recommendation should be used as justification for and made a part of the Statement of Claim Settlement Costs (see CPAM Section 7.5.3).
All costs of such research will be considered Settlement Costs and deducted from the Settlement Fund.
The Settlement Administrator shall perform skip tracing for all returned direct mail; all costs of skip tracing will be considered Settlement Costs and paid from the Settlement Fund.
All costs of address confirmation, data searches, and re-mailing of Returned Settlement Notices will be considered Settlement Costs and deducted from the Settlement Fund.
The amount of each Cash Award will be determined by the following formula: (Total Settlement Fund – Settlement Costs) ÷ (Total Number of Approved Claims) = Cash Award.