Overheads. The primary overheads will be wages, rent, electricity and water.
Overheads. Subject to paragraphs (p) to (x) below, expenditure under this heading comprises the following costs incurred in connection with manufacturing:
a) inspecting and testing materials and goods;
b) insuring real property, plant, equipment and materials used in the production of the goods; insuring work in progress and finished goods; liability insurance; accident compensation; insurance against consequential loss from accident to plant and equipment;
c) dies, moulds, tooling, and the depreciation, maintenance and repair of plant and equipment, whether or not these items originate within the territory of a Party;
d) interest payments for plant and equipment;
e) research, development, design and engineering;
f) rent, leasing, mortgage interest, depreciation on buildings, maintenance, repair, rates and taxes for real property used in the production of the goods;
g) leasing of plant and equipment, whether or not these items originated within a Party;
h) materials and supplies not being directly incorporated into the manufactured goods (e.g. energy, fuel, water, lighting, lubricants, rags), whether or not these items originated within a Party;
i) storage of materials and goods at the factory or works;
j) royalties or licenses in respect of patented machines or processes used in the manufacture of the goods, or in respect of the right to manufacture the goods;
k) subscriptions to standards institutions and industry and research associations;
l) factory security, provision of medical care (e.g. first aid kits and medical supplies), cleaning services, cleaning materials and equipment, training materials, disposal of waste, safety and protective clothing and equipment, and the subsidisation of a factory cafeteria to the extent not recovered by returns;
m) computer facilities allocated to the process of manufacture of the goods;
n) contracting out parts of the manufacturing process within the territory of the Parties;
o) employee transport, factory vehicle expenses, and any tax in the nature of a fringe benefits tax payable on a cost specified under paragraphs 5 and 6. Expenditure under this heading does not include the following:
p) costs relating to the general expense of doing business, such as the cost of providing executive, financial, sales, advertising, marketing, accounting and legal services, and insurance;
q) costs for telephone, mail, and other means of communication;
r) the cost of shipping and airfreight containers;
s) the cost of conveying, insuring, or sh...
Overheads without any double counting under other categories of expense, the indirect costs or fixed expenses of operating the PCP including Medical Insurance.
Overheads. In addition to the adjustment of the Project Schedule pursuant to Section 40.2, the Contractor shall be entitled to the Overheads incurred thereby as a result of the Delay as approved by NI, as shall be determined in accordance with the formula detailed in Section 42.
Overheads. The personnel and the office maintenance costs of the Participant in Antananarivo as well as the other agencies in Madagascar in addition to those stipulated in the paragraph a. i. or e. ii.
Overheads. 8.6.1. ELIGIBLE EXPENSES for the overhead are calculated at a standard rate. They amount to 10% of the sum of: - ELIGIBLE COSTS for personnel; - ELIGIBLE COSTS for operating, excluding overheads, subcontracting costs and equipment costs.
8.6.2. ELIGIBLE EXPENSES for the overhead costs are assumed to cover the additional costs linked to personnel performing the RESEARCH. These expenses include costs of administrative and support staff, and the variable operating costs not listed in the budget of Article 24 (Secretariat, furniture and office supplies, fluids, communications, etc.).
Overheads. Overhead expenses are the firm’s business costs that are not directly related to the execution of the assignment and shall not be reimbursed as separate items under the contract. Typical items are home office costs (partner’s time, no billable time, time of senior staff monitoring the project, rent, support staff, research, staff training, marketing, etc.), the cost of staff not currently employed on revenue-earning projects, and business promotion costs. During negotiations, audited financial statements, certified as correct by an independent auditor and supporting the last three years’ overheads, shall be available for discussion, together with detailed lists of items making up the overheads and the percentage by which each relates to basic salary. The Employer does not accept an add-on margin for social charges, overhead expenses, etc., for staff who are not permanent employees of the firm. In such case, the firm shall be entitled only to administrative costs and fee on the monthly payments charged for subcontracted staff.
Overheads. Overheads are those costs which are not directly allocated to departments within Supplier. Therefore an equitable allocation of these costs will be made to each service, utility, material and facility. Typical services, for which costs are accommodated on a Supplier corporate level or within the service providing departments are for instance: Site management, fire fighting, security, office services, accommodation, catering and IT-costs. The Overhead also include an appropriate amount for the depreciation and capital charge for the assets related to the provision of Supplier Site Overhead services (in addition to Article 6 of the Agreement). The applicable Overheads will be charged with SUMF Item. The overheads will be differentiated for the categories4 Operational, Craft and Clerical Personnel and for Management, Professional and Staff Personnel. The annual Overhead Costs are (base period Quarter 1 1999): • [***] [Confidential Treatment Required] per Full time equivalent for Operational, Craft and Clerical Personnel • [***] [Confidential Treatment Required] per Full time equivalent for contractors with a minimum assignment duration of 3 months • [***] [Confidential Treatment Required] per Full time equivalent for Management, Professional and Staff Personnel The Supplier Site Overhead Cost will be adjusted annually for inflation using the Dutch Consumer Price index (CPI) for all households. Site Overhead Costs for a specific year will be calculated using the following formula: • [***] [Confidential Treatment Required] • [***] [Confidential Treatment Required] where: • CPIq: Dutch Consumer Price Index for Quarter 3 of the year in which the Annual Budgeting Exercise for the following year takes place. • CPIo: Quarter 1 1999 Dutch Consumer Price Index for all households. The Costs (e.g. [***] [Confidential Treatment Required] and [***] [Confidential Treatment Required] ) will be recalculated every three years, with the first recalculation used to determine budget 2002. For accounting purposes, Supplier will split the Supplier Site Overhead Costs into the components (Indirect) Fixed Costs, (Indirect) Depreciation and (Indirect) Capital Charge.
Overheads. Usually both the direct (benefits) and indirect (general and administrative) overhead will be in this section. They may or may not be combined.
