Average nontraced debt. The aver- age nontraced debt for a computation period is computed by— (1) Determining the amount of non- traced debt outstanding on each meas- urement date during the computation period; and (2) Dividing the sum of these amounts by the number of measure- ment dates during the computation pe- riod.
Appears in 6 contracts
Samples: Construction Contract, Construction Contract, Production Expenditures
