Common use of CAPITAL EXPENDITURE AUTHORIZATIONS Clause in Contracts

CAPITAL EXPENDITURE AUTHORIZATIONS. Based on a twelve-month average of outstanding Capital Expenditure Authorizations and Storm Job Orders. Used for the allocation of costs associated with the capital project costing accounting function. CHK - PAYCHECKS Based on the number of paychecks issued at each Legal Entity at period end. Used for the allocation of costs associated with the processing of payroll.