Common use of Overhead Allocation Clause in Contracts

Overhead Allocation. General and administrative costs, other than direct charges, allocable to this operation should be determined by a detailed study, and the method determined by such study shall be applied each Year consistently. The method selected must be approved by PERTAMINA, and such approval can be reviewed periodically by PERTAMINA and CONTRACTOR.

Appears in 3 contracts

Samples: Production Sharing Contract, Production Sharing Contract, Production Sharing Contract (Geopetro Resources Co)

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Overhead Allocation. General and administrative costs, other than direct charges, allocable to this operation should be determined by a detailed study, and the method determined by such study shall be applied each Year year consistently. The method selected must be approved by PERTAMINA, and such approval can be reviewed periodically by PERTAMINA and CONTRACTOR.

Appears in 3 contracts

Samples: Production Sharing Contract (Geopetro Resources Co), Production Sharing Contract (Geopetro Resources Co), Production Sharing Contract (Saba Petroleum Co)

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Overhead Allocation. General and administrative costs, other than direct charges, allocable to this operation should be determined by a detailed study, and the method determined by such study shall should be applied each Year consistently. The method selected must be approved by PERTAMINA, and such approval can be reviewed periodically by PERTAMINA and CONTRACTOR.

Appears in 1 contract

Samples: Technical Assistance Contract (Indonesia Energy Corp LTD)

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