Administrative and risk costs Sample Clauses

Administrative and risk costs. In general, the following fixed surcharges will be added to the cost € +30% to cover risk inherent in carrying out new Studies: the decision to conduct a Study involves the risk that the Study results could adversely affect or prevent future substance marketing; hence, the Member contributing a report to the consortium was exposed to the risk that the investments made in the Study are of minor or no benefit; the other Members, new parties or parties wishing to acquire a specific Study are not exposed to this risk since they already know the Study result; and € +15% to cover management and administrative costs (choosing and briefing laboratory, managing contracts and payments) € these two % are applied independently, and not additively, to the study cost (in general, total of +45%) ▪ In particular cases, where it can be justified (specific risks, proof of real costs), different figures may be applied
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Related to Administrative and risk costs

  • Administrative Costs Administrative costs will not be included in the budget neutrality agreement, but the state must separately track and report additional administrative costs that are directly attributable to the demonstration. All administrative costs must be identified on the Forms CMS-64.10 Waiver and/or 64.10P Waiver.

  • Administrative Duties 94 SECTION 12.2 Records.....................................................................97 SECTION 12.3 Additional Information to be Furnished to the Issuer........................97

  • Administrative Fees The Borrower agrees to pay to the Administrative Agent an annual fee as agreed to between the Borrower and the Administrative Agent.

  • Administration Costs The Borrower shall pay the Bank for all reasonable costs incurred by the Bank in connection with administering this Agreement.

  • Administrative data Before the mobility, it is necessary to fill in page 1 with information on the student, the Sending and the Receiving Institutions. The three parties have to agree on this section to be completed before the mobility. On page 1, most of the information related to the student, Sending and Receiving Institutions will have to be encoded in the Mobility Tool+ (for Capacity Building projects, in the EACEA Mobility Tool).

  • Training Costs All costs and expenses incurred by the Contractor in training as is required under Article 22 of the Contract.

  • Administrative Evaluation It is the intent of the SCD administration to conduct evaluations of non-priority- hire faculty as early as possible in a faculty member's employment in an SCD instructional unit. Administrative evaluation should occur before the beginning of the fifth quarter within the nine (9) out of twelve (12) quarter sequence outlined in Article 10.7.a.

  • Lodging and Meal Expenses 1. Employees in travel status in the performance of their duties shall be entitled to expenses of necessary lodging and/or meals as provided for in Section 40 of the Manual of Financial Procedures, Travel and Expense Reimbursement Policy. Nothing contained in this Article shall be deemed to alter the present State policy prohibiting reimbursement for noon meals unless the meal is part of an organized meeting or program or overnight travel.

  • Administrative Functions Include any or a combination of: liaising with other departments on work flows and other matters; participating in interdepartmental meetings; coordinating transactions with external agencies on behalf of department; formulating and updating departmental procedures; recommending changes to Administration; compiling statistical reports on departmental activity. Administrative Levels Duties First level: As listed above. Second level: Participates in development and monitoring of departmental budget.

  • Transportation Costs The cost of transporting a Warranted Part claimed to be defective to the facilities designated by the Seller and for the return therefrom of a repaired or replaced Warranted Part shall be borne by the Buyer.

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