Cost Calculation Clause Samples

The Cost Calculation clause defines the method and criteria for determining the total costs associated with a contract or project. It typically outlines which expenses are included, such as labor, materials, overhead, and any applicable taxes or fees, and may specify the formulas or documentation required to substantiate these costs. By establishing a clear and consistent approach to calculating costs, this clause helps prevent disputes over payments and ensures transparency between the parties involved.
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Cost Calculation. The calculation of costs of engaging sales representatives in the US Territory for purposes of calculating Operating Profits or Losses shall be based on the FTE Rate, and such FTE Rate shall be used by both Parties for promotion of Shared Products in the US Territory; provided, however, that (A) if the costs of engaging a sales representative (whether or not as an employee) in the US Territory is (x) above the FTE Rate, the costs shall be capped at the FTE Rate and (y) below the FTE Rate, the actual costs shall be used instead of the FTE Rate; and (B) with respect to any sales representative who is detailing pharmaceutical products other than Shared Products, the applicable Party shall allocate costs of engaging such sales representative with respect to such pharmaceutical products and Shared Products based on the weighted Incentive Compensation of such sales representative. For purposes of this Section 6.5(b)(v), “Incentive Compensation” means, with respect to a sales representative, the variable, periodic target compensation (not including equity compensation) the sales representative earned based on such sales representative’s performance.
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Cost Calculation. The calculation of costs of engaging sales representatives in the Territory for purposes of calculating Operating Profits or Losses shall be based on the FTE Rate, and such FTE Rate shall be used by both Parties for promotion of Shared Products in the Territory; provided, however, that (A) if the costs of engaging a sales representative (whether or not as an employee) is (x) above the FTE Rate, the costs shall be capped at the FTE Rate and (y) below the FTE Rate, the actual costs shall be used instead of the FTE Rate; and (B) with respect to any sales representative who is detailing pharmaceutical products other than Shared Products, the applicable Party shall allocate costs of engaging such sales representative with
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Cost Calculation. After the data has been collected and modelled in the calculation tool, it is time to have a look at the outcomes. It is important to look at the outcomes with intelligence to be able to understand the outcomes. The basic question is: why are the outcomes what they are? E.g. are they based on the assumptions that were used regarding the system definition, or regarding how the secu- rity solutions will be used? To convincingly communicate outcomes to management, it is key to understand the background of the cost calculations and keep in mind the decisions that were made in the previous steps of the cost assessment, including data validity. An important aspect when comparing alternative security solutions is the possible difference in life cycle. The economic and technical life cycles of (a) security solution(s) and its sub-compo- nents can differ. Comparing alternatives is then permitted by either one of the following op- tions1: 1 Since the SEGRID cost assessment is not about comparing alternatives, this aspect has not been considered.
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Cost Calculation. The total cost of the portion of the line that abuts the frontage(s) of the Owner’s Property, or the area of the Owner’s Property as caculated by acreage, determines the basis for the Owner’s pro rata Payback Obligation. A frontage is any portion of a parcel that abuts a public right-of-way in which the line has been installed. The calculation of the Payback Obligation is determined by the actual costs of design and construction of the line, including land or easement acquisition, construction staking, utility relocation, as-built plans and City permits and fees. Documentation verifying all of these costs is retained for a reasonable time period by the City Utilities Department and made available to the Owner upon request.
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Cost Calculation a. 212 full-days for an SLP and 70 full-days for an SLT. i. $496/day for work done by a Speech-Language Pathologist (SLP). A full day is considered 8 hours. The full-day rate will also include any paperwork that is done at home by the Speech-Language Pathologists (SLPs). ii. $300/full-day for work done by a Speech-Language Technician (SLT). A full-day for a SLT is considered 6 hours. b. Kindergarten screeners will be charged based on a flat rate of 20 minutes per student at a rate of $62/hour. Based on 2020-21 data, there were 66 kindergarten students screened. This would equate to a charge of $1,364 for kindergarten screeners. c. Hearing screeners for the 1st and 3rd graders will be charged based on a flat rate of 30 minutes per class at a rate of $62/hour, plus 4 hours to come back and complete hearing rescreens. Based on 2020-21 data, that cost would be 8 hours for hearing screenings (4 hours for 8 classes, plus 4 hours of rescreens) at a cost of $496.
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Cost Calculation. The Watershed District will calculate these costs as follows: a. Calculate these costs incurred before the change in tributary drainage area for the Outlet Channel segment affected by change; and b. Calculate the proportion of these costs attributable to the tributary drainage area that is changing jurisdictions, based on the size of the tributary drainage area change relative to the size of the total segment drainage area based on Table 1 and the Maximum Average Discharge Rate for the tributary drainage area changing jurisdictions from Table 2 using the Maximum Average Discharge Rate originally associated with the drainage area.
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Cost Calculation. 3.1. The total cost of the Services under the Agreement is made up of the cost of the Services agreed by the Parties in the Agreement. This total cost is equal to the net cost of Services and excludes various taxes applicable to the country where Services are physically rendered such as VAT, withholding tax, etc. 3.2. The calculation of the Services cost under the Agreement is explicitly described in the Section SERVICE COST CALCULATIONS of the Agreement. 3.3. The monthly fee shall be paid based on the scanned copy of the invoice sent to Customer’s email. Invoices shall be issued in accordance with the requirements of the legislation of the Contractor’s jurisdiction taking into account the Customer’s local legislation requirements. 3.4. The monthly fee is charged for Services rendered within the Reporting Period. If the monthly fee amount is less that amount of the minimum monthly fee agreed by the Parties in the Agreement, then the minimum monthly fee shall be applied even in case there were no Requests within the Reporting Period. If during the first Reporting Period the first Response was sent to the Customer after the 10th day of the month of the first Reporting Period, then the minimum monthly fee shall not be charged for that Reporting Period. 3.5. Payment is conducted via fund transferring to Contractor’s banking account not later than 10 (ten) banking days (in accordance with the Customer’s legislation) after receiving the valid invoice unless other payment terms are directly stipulated in the Agreement. The Customer's obligations to pay for the Services rendered shall be considered performed after the funds are debited from the Customer's current account. Service payment date is the date when payment was settled on the Contractor’s banking account. Payment commissions (bank fees) of the payer’s bank and payer’s bank correspondent bank shall be paid by the payer (bank commission details = “OUR”). 3.6. The Parties independently bear all the costs incurred by each of them in connection with the performance of the Agreement. 3.7. The Parties agreed that only the Contractor’s statistical data shall be used to calculate the cost of Services under the Agreement. The time zone for the purpose of calculation of the number of Requests within the Reporting Period is UTC+3. The Report will be available online at the Statistics tab in the Customer's Personal Account. The issuance of such Service Transfer and Acceptance Certificate (hereinafter – the “Certifica...
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Related to Cost Calculation

  • Calculation Any figure or percentage referred to in this Agreement shall be carried to seven decimal places.

  • Interest Calculations Interest shall be calculated on the basis of a 360-day year, consisting of twelve 30 calendar day periods, and shall accrue daily commencing on the Original Issue Date until payment in full of the outstanding principal, together with all accrued and unpaid interest, liquidated damages and other amounts which may become due hereunder, has been made. Interest hereunder will be paid to the Person in whose name this Note is registered on the records of the Company regarding registration and transfers of this Note (the “Note Register”).

  • INTEREST CALCULATION COSTS 10.1 As set forth in 31 CFR 205.27, interest calculation costs are defined as those costs necessary for the actual calculation of interest, including the cost of developing and maintaining clearance patterns in support of the interest calculations. Interest calculation costs do not include expenses for normal disbursing services, such as processing of checks or maintaining records for accounting and reconciliation of cash balances, or expenses for upgrading or modernizing accounting systems. Interest calculation costs in excess of $50,000 in any year are not eligible for reimbursement, unless the State provides justification with the annual report. 10.2 The State expects to incur the following types of interest calculation costs: Costs of calculating interest, including the cost of developing and maintaining clearance patterns in support of interest calculations. 10.3 The State shall submit all claims for reimbursement of interest calculation costs with its Annual Report in accordance with 31 CFR 205.