Common use of Company Work Cost Reports Clause in Contracts

Company Work Cost Reports. The Company agrees to provide written reports (“Company Work Cost Reports”) to the Customer on an annual basis, due January 15, and further, shall provide a written report to Customer within thirty (30) days of termination or expiration of this Agreement. Each Company Work Cost Report shall include the following information with respect to the preceding twelve-month period: (i) a summary of the Company’s costs associated with such Company Work 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 the Company (or its Affiliates) for the Company Work during such period.

Appears in 4 contracts

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

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