Engineering and Administration Sample Clauses
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Engineering and Administration. Engineering and administrative overhead loading rates are used to allocate engineering, supervision, and administrative overhead costs not assigned to specific project work orders. AEP uses separate loading rates for AEP Service Corporation engineering (SCEt&d) and operating company construction overhead costs (CCO). A complete description of the costs recovered through the loading rates is provided in Note 1 to page 218 of each AEP Company's FERC Form-1 Report. A copy of that note is included as the last page in this Appendix G. As the description of Construction Overhead Procedure shows, the CCO and SCEt&d loading rates (cclr and sclrt&d, respectively) are derived in the normal course of business for the purpose of capturing the portions of AEP Service Corporation engineering and operating company construction overhead costs which are incurred in connection with transmission and distribution (T&D) plan construction. The cclr and sclrt&d are reviewed monthly and updated, as needed, to clear the respective engineering and administrative overhead costs yearly. In symbolic for, the engineering and administration overhead costs (O) are calculated as follows: O = CCO + SCEt&d Where CCO = (M + L + E + S) x cclr and ▇▇▇▇&▇ = (M + L + E + S + CCO) x sclrt&d
Engineering and Administration. Engineering and administrative overhead loading rates are used to allocate engineering, supervision, and administrative overhead costs not assigned to specific project work orders. AEP uses separate loading rates for AEP Service Corporation engineering (SCEt&d) and operating company construction overhead costs (CCO). A complete description of the costs recovered through the AEP Service Corporation loading rate (sclrt&d) and the operating company construction loading rate (cclr) is provided in Note 1 to page 218 of each AEP Company's FERC Form-1 Report. A copy of that note is included as the last page in this Attachment 4. As the description of Construction Overhead Procedure shows, the CCO and SCEt&d loading rates (cclr and sclrt&d, respectively) are derived in the normal course of business for the purpose of capturing the portions of AEP Service Corporation engineering and operating company construction overhead costs which are incurred in connection with transmission and distribution (T&D) plan construction. The cclr and sclrt&d are reviewed monthly and updated, as needed, to clear the respective engineering and administrative overhead costs yearly. In symbolic format the engineering and administration overhead costs (O) are calculated as follows: O = CCO + SCEt&d Where CCO = (M + L + E + S) x cclr and ▇▇▇▇&▇ = (M + L + E + S + CCO) x sclrt&d Operating Companies of the Original Sheet No. 46 American Electric Power System Attachment 4 FERC Electric Tariff, Third Revised Volume No. 6
Engineering and Administration. Funds for engineering and administrative services under this contract will not be released to Contractor by the Department until the following special conditions for release of funds are met. Contractor shall submit to the Department the following documentation.
1. A copy of an executed agreement between the Contractor and the Company, which shall include, at a minimum, the following terms and conditions:
a. A condition requiring the Company to create and/or retain jobs as specified in Exhibit A;
b. A condition requiring the Company to submit to the Contractor a copy of the Company's payroll as needed to satisfy Department requirements. Payrolls may be in electronic file format and must verify the number of persons employed at the Elgin, Texas, location and payroll information of any other Company facilities operating within a ▇▇-▇▇▇▇ ▇▇▇▇▇▇ ▇▇ ▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇, location. At a minimum, the payroll report(s) must provide the following employee information:
(i) the employee’s full name,
(ii) unique employee identification number
(iii) the employee’s gender and ethnicity, and
(iv) an indication of whether employee is full time or part time as defined in the current version of the TxCDBG Project Implementation Manual (for each part time job, employer must document total hours worked per week);
c. A condition requiring the Company to submit to the Contractor the following, no later than the twentieth (20th) day of the second (2nd) month after the calendar quarter end:
(i) the Employee Certification Report,
(ii) the first page of the Texas Workforce Commission Employer’s Quarterly Report, and
(iii) if the Company has more than one (1) location in Texas, a Quarterly Payroll Report;
d. As specified in Exhibit A, the activities to be performed by the Contractor and the Company;
e. A condition specifying that the Company shall be liable to the Contractor for an amount not to exceed the Department's maximum contractual obligation and requiring the Company to repay the Contractor for contract funds expended in the event the Company does not fulfill its contractual responsibilities;
f. A condition that restricts the Company from transferring assets out of the Company without the Department’s written consent except during the normal course of business (i.e., cash, fixed assets used in the production process, and accounts receivable) during the contract period;
g. A condition requiring the Company to submit to the Contractor a certification that all state and federal tax...
Engineering and Administration. Engineering and administrative overhead loading rates are used to allocate engineering, supervision, and administrative overhead costs not assigned to specific project work orders. AEP uses separate loading rates for AEP Service Corporation engineering (SCEt&d) and operating company construction overhead costs (CCO). A complete description of the costs recovered through the loading rates is provided in Note 1 to page 218 of each AEP Company's FERC Form-1 Report. A copy of that note is included as the last page in this Appendix G. As the description of Construction Overhead Procedure shows, the CCO and SCEt&d loading rates (cclr and sclrt&d, respectively) are derived in the normal course of business for the purpose of capturing the portions of AEP Service Corporation engineering and operating company construction overhead costs which are incurred in connection with transmission and distribution (T&D) plan construction. The cclr and sclrt&d are reviewed monthly and updated, as needed, to clear the respective engineering and administrative overhead costs yearly. In symbolic for, the engineering and administration overhead costs (O) are calculated as follows: O = CCO + SCEt&d Where CCO = (M + L + E + S) x cclr 6. and ▇▇▇▇&▇ Taxes = (M + L + E + S + CCO) x sclrt&d The total taxes charged to the Generating Company will be the sum of receipts and other taxes incurred.
i. e.: T = RT + OT The total Operation and Maintenance (O&M) charges under this Agreement in symbolic form are: O&M = M + L + E + S + O + T Where M, L, E, S, O, and T are calculated as explained in Sections 1 through 6 above, respectively. General Description of' Construction overhead Procedure:
Engineering and Administration. Engineering and administrative overhead loading rates are used to allocate engineering, supervision, and administrative overhead costs not assigned to specific project work orders. Host Transmission Owner uses separate loading rates for Host Transmission Owner Service Corporation engineering (SCEt&d) and operating company construction overhead costs (CCO). A complete description of the costs recovered through the Host Transmission Owner Service Corporation loading rate (sclrt&d) and the operating company construction loading rate (cclr) is provided in Note 1 to page 218 of each Host Transmission Owner Company's FERC Form-1 Report. A copy of that note is included as the last page in this Attachment 4. As the description of Construction Overhead Procedure shows, the CCO and SCEt&d loading rates (cclr and sclrt&d, respectively) are derived in the normal course of business for the purpose of capturing the portions of Host Transmission Owner Service Corporation engineering and operating company construction overhead costs which are incurred in connection with transmission and distribution (T&D) plan construction. The cclr and sclrt&d are reviewed monthly and updated, as needed, to clear the respective engineering and administrative overhead costs yearly. In symbolic format the engineering and administration overhead costs (O) are calculated as follows: Issued by: , Title Effective: 1, 2008 Issued: , 2007 O = CCO + SCEt&d Where CCO = (M + L + E + S) x cclr and SCEt&d = (M + L + E + S + CCO) x sclrt&d
Engineering and Administration. Engineering and Administration necessary to complete this Project include final design, construction management and inspection services, administration, insurance, and intergovernmental agreement activities.