Target cost, definition

Target cost, as used in this contract, means the estimated cost of this contract as initially negotiated, adjusted in accordance with paragraph (d) of this clause.
Target cost,. To be cited in each individual task order" Target Profit: "To be cited in each individual task order" Target Price: "To be cited in each individual task order" Ceiling Price: "To be cited in each individual task order" B035 CONTRACT TYPE: LABOR- HOUR (DEC 2005)
Target cost,. To be cited in each individual task order" Target Fee: "To be cited in each individual task order. Maximum Fee: "To be cited in each individual task order. Minimum Fee: "To be cited in each individual task order. Government: "To be cited in each individual task order. Contractor: "To be cited in each individual task order. Applies to Cost-Plus-Incentive-Fee (Performance) CLIN(s) only. B058 CONTRACT TYPE: COST-PLUS-FIXED-FEE (DEC 2005) The estimated cost and fee shall be cited in each individual task order. The applicable fixed fee identified may be increased or decreased only by negotiation and modification of the contract for added or deleted work. As determined by the contracting officer, it shall be paid as it accrues, in regular installments based upon the percentage of completion of work (or the expiration of the agreed-upon period(s) for term contracts).

Examples of Target cost, in a sentence

  • At the time of [*], the parties will mutually agree on a target manufacturing cost per unit (the "Target Cost") and consequent Inhaler Transfer Price.

  • In the event that the actual Target Cost exceeds the agreed upon Target Cost by [*] or more, then the Inhaler Markup shall be reduced by [*] for every [*] of such excess.

  • Under current conditions, as of the Effective Date the Target Cost of the AeroGen Inhaler is projected to be [*], as per AeroGen's 1999 Business Plan.

  • In the event that the actual Target Cost is below the agreed upon Target Cost by [*] or more, then the Inhaler Markup shall be increased by [*] for every [*] of such decrease.

  • The parties further agree that there will be no reduction to the Target Cost, Target Schedule or Target Fee as a result of any such efficiencies and/or performance improvements.


More Definitions of Target cost,

Target cost, to be cited in each individual order" Target Profit: "to be cited in each individual order" Target Price: "to be cited in each individual order" Ceiling Price: "to be cited in each individual order" Applies to Fixed-Price Incentive (Firm Target) CLIN(s) only. B031 CONTRACT TYPE: FIXED- PRICE- INCENTIVE -- SUCCESSIVE TARGET (FEB 1997) The contract line items subject to price revision and price ceiling are set forth below. The profit adjustment formula is set forth in FAR 52.216-17. Target Cost: "to be cited in each individual task order" Target Profit: "to be cited in each individual task order" Target Price: "to be cited in each individual task order" Ceiling Price: "to be cited in each individual task order" B035 CONTRACT TYPE: LABOR- HOUR (DEC 2005)
Target cost, has the meaning given in paragraph 2.1.2 of Section 4 (High Value Changes) of this Schedule Part 16 (Change Protocol);
Target cost, or "TC" means, in relation to:
Target cost, is the initial cost of the Work established during the Validation Phase and Target Value Design by the Owner and Risk/Reward Team members which includes all Chargeable Costs to complete the Work described in the Base Program. The lower of (i) the Owner's Budget and (ii) the Target Cost will be used as the threshold for which the Added Value Incentive Items and Base Program are compared in order to determine whether ICL is increased during the Design/Preconstruction Phase.
Target cost, or "TC" means, in relation to any PBF Assessment Period beginning on 1 April in any year, the aggregate of all forecast Costs falling within the relevant PBF Assessment Period (excluding any Capital Expenditure, forecast Non-Recoverable Costs or forecast Disallowable Costs) set out in the profit and loss accounts included in the Annual Business Plan, expressed as a positive number;
Target cost, as used in this Order, means the estimated cost of this Order as initially negotiated, adjusted in accordance with paragraph (d) of this clause.
Target cost, has the meaning set forth in Section 10.1.