COST INCURRED ON BEHALF OF SANRAL Sample Clauses

COST INCURRED ON BEHALF OF SANRAL. All costs incurred by the Consulting Firm on behalf of SANRAL not forming part of any other fees or disbursement herein described, shall, if specifically agreed to, be reimbursed to the Consulting Firm by SANRAL. The surcharge payable on such approved disbursement shall be up to ten (10) percent in terms of the Act except as stipulated elsewhere in this Annexure except where a specified variable surcharge is applicable as specified in sub-section 3.5.1. . The surcharge agreed to shall include for all costs such as arrangement costs, administrative costs as well as financing costs incurred by the Consulting Firm. No surcharge on reimbursable expenditure contained in Tables 3 – 7 of Annexure 3 is payable. The surcharge on transport costs in terms of Table 8 shall be (5%) percent only. For a reimbursable cost amount for a single term exceeding Fifty Thousand Rand (R50 000) the surcharge will be negotiated and agreed upon between five (5) percent and up to ten (10) percent, depending on the cost incurred by the Consulting Firm.
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