Common use of Company Work Cost Reports Clause in Contracts

Company Work Cost Reports. Company agrees to provide written reports (“Company Work Cost Reports”) to Developer on a semi-annual basis, due each July 15 and January 15. Each Company Work Cost Report shall include the following information with respect to the preceding six-month period: (i) a summary of Company Reimbursable Costs incurred during such period, (ii) a statement of the hours of Company Work furnished during such period, (iii) a listing of average hourly labor rates, and (iv) a reasonably detailed description of the tasks performed by Company (or its Affiliates) for the Company Work during such period.

Appears in 32 contracts

Samples: Engineering & Procurement Agreement, Engineering & Procurement Agreement, Engineering & Procurement Agreement

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