Common use of DIR Cost Recovery Fee Clause in Contracts

DIR Cost Recovery Fee. The DIR Cost Recovery Fee (CRF) is authorized by Chapter 2170, Texas Government Code, and DIR has the discretion to set the rate of the CRF to recover its costs in accordance with the statute. The initial rate for the CRF is set forth in Section 5 herein. The DIR CRF specified in Section 5 below shall not be broken out as a separate line item when pricing or invoice is provided to Customer.

DIR Cost Recovery Fee. The DIR Cost Recovery Fee (CRF) is authorized by Chapter 2170, Texas Government Code, and DIR has the discretion to set the rate of the CRF to recover its costs in accordance with the statute. The initial rate for the CRF is set forth in Section 5 hereinContract. The DIR CRF specified in Section 5 below of the Contract shall not be broken out as a separate line item when pricing or invoice is provided to Customer.