Schedule of Cost Components Sample Clauses

Schedule of Cost Components. 2.1.2.1 The Schedule of Cost Components (SCC) contained in the NEC3 ECC is used to: a) define the cost components, which are included in an assessment of changed costs arising from a compensation event; and b) define the cost components for which the Contractor will be directly reimbursed. 2.1.2.2 The Schedule of Cost Components (SCC) is based on the following: a) People working within the Working Area i.e. those parts of the working areas which are necessary for Providing the Works. b) Plant and Materials are items intended to be included in the works. c) Equipment relates to items provided by the Contractor and used by him in the Working Area to Provide the Works and which the Works information does not require him to include in the works. d) Charges include water and electricity and people overhead costs incurred within the Working Area. e) Items not listed in the SCC are covered by the Fee. 2.1.2.3 The Site is the area within the boundaries of the site and the volume above and below it which are affected by work included in the contract. This area will comprise locations provided by the Employer for the works. The Contractor may establish depots or use areas of land for the purposes of the contract which are distant from the Site, e.g., borrow pits or compounds, in which case he should describe such areas in the working area in the Contract Data: Part 2Data provided by the Contractor (see data associated with clause 11.2(18)). Cost for people, certain charges and Equipment in these areas will be included in the SCC. If no such areas are described, all work undertaken off site save for people costs relating to the contracts manager, contracts director and senior cost controller is covered by the Fee. 2.1.2.4 Defined Cost includes only amounts calculated using rates and percentages stated in the Contract Data and other amounts at open market rates or competitively tendered prices with deductions for all discounts, rebates and taxes. 2.1.2.5 Costs not included in Defined Cost are treated as being in the Fee. Examples of cost components not included in the SCC are: a) head office charges and overheads save for those in the overhead percentages for design and manufacture and fabrication; b) insurance premiums and corporation tax; c) advertisement and recruiting costs; and d) securities and guarantees required for the contract
AutoNDA by SimpleDocs

Related to Schedule of Cost Components

  • Schedule of Rates The specific rates and costs applicable to this Agreement are set forth in Exhibit B – Schedule of Rates, which is attached hereto and incorporated herein by reference as if set forth in full.

  • Schedule of Rates and Charges Any subconsultant rates and charges set forth in the Schedule of Rates and Charges must be the subconsultant’s actual rates and charges exclusive of any markup. The City will compensate the Consultant in accordance with those rates and charges.

  • SCHEDULE OF WORK FIRST PARTY’S proposed schedule for the various services required will be set forth in Exhibit A-1. In addition to services described in Section A1, the parties may from time to time agree in writing that FIRST PARTY, for additional compensation, shall perform additional services including but not limited to: • Change in the services because of changes in scope of the work. • Additional tasks not specified herein as required by the CITY. The CITY and FIRST PARTY shall agree in writing to any changes in compensation and/or changes in FIRST PARTY’s services before the commencement of any work. If FIRST PARTY deems work he/she has been directed to perform is beyond the scope of this agreement and constitutes extra work, FIRST PARTY shall immediately inform the CITY in writing of the fact. The CITY shall make a determination as to whether such work is in fact beyond the scope of this agreement and constitutes extra work. In the event that the CITY determines that such work does constitute extra work, it shall provide compensation to the FIRST PARTY in accordance with an agreed cost that is fair and equitable. This cost will be mutually agreed upon by the CITY and FIRST PARTY. A supplemental agreement providing for such compensation for extra work shall be negotiated between the CITY and the FIRST PARTY. Such

  • Schedule of Services Consultant shall perform the Services in a prompt and timely manner in accordance with the Schedule of Services set forth in Exhibit "B" attached hereto and incorporated herein by reference. Consultant represents that it has the professional and technical personnel required to perform the Services expeditiously. Upon request of City, Consultant shall provide a more detailed schedule of anticipated performance to meet the Schedule of Services.

  • Exhibit C Sector Membership Fishing Year 2015 (May 1, 2015 to April 30, 2016)

  • THE FIRST SCHEDULE ABOVE REFERRED TO (TOTAL LAND)

  • EXHIBIT A – COLLATERAL DESCRIPTION The Collateral consists of all of Borrower’s right, title and interest in and to the following personal property: All goods, Accounts (including health-care receivables), Equipment, Inventory, contract rights or rights to payment of money, leases, license agreements, franchise agreements, General Intangibles (except as provided below), commercial tort claims, documents, instruments (including any promissory notes), chattel paper (whether tangible or electronic), cash, deposit accounts, certificates of deposit, fixtures, letters of credit rights (whether or not the letter of credit is evidenced by a writing), securities, and all other investment property, supporting obligations, and financial assets, whether now owned or hereafter acquired, wherever located; and all Borrower’s Books relating to the foregoing, and any and all claims, rights and interests in any of the above and all substitutions for, additions, attachments, accessories, accessions and improvements to and replacements, products, proceeds and insurance proceeds of any or all of the foregoing. Notwithstanding the foregoing, the Collateral does not include any Intellectual Property; provided, however, the Collateral shall include all Accounts and all proceeds of Intellectual Property. If a judicial authority (including a U.S. Bankruptcy Court) would hold that a security interest in the underlying Intellectual Property is necessary to have a security interest in such Accounts and such property that are proceeds of Intellectual Property, then the Collateral shall automatically, and effective as of the Effective Date, include the Intellectual Property to the extent necessary to permit perfection of Bank’s security interest in such Accounts and such other property of Borrower that are proceeds of the Intellectual Property. Pursuant to the terms of a certain negative pledge arrangement with Bank, Borrower has agreed not to encumber any of its Intellectual Property without Bank’s prior written consent.

  • SCHEDULE OF RESERVED NAMES Except to the extent that ICANN otherwise expressly authorizes in writing, and subject to the terms and conditions of this Specification, Registry Operator shall reserve the following labels from initial (i.e., other than renewal) registration within the TLD. If using self-­‐allocation, the Registry Operator must show the registration in the RDDS. In the case of IDN names (as indicated below), IDN variants will be identified according to the registry operator IDN registration policy, where applicable.

  • Exhibit B INSURANCE

  • Amendments to Schedule of Receivables If the Servicer, during a Collection Period, assigns to a Receivable an account number that differs from the original account number identifying such Receivable on the Schedule of Receivables, the Servicer shall deliver to the Issuer, the Owner Trustee and the Indenture Trustee, on or before the Payment Date relating to such Collection Period, an amendment to the Schedule of Receivables reporting the newly assigned account number, together with the old account number of each such Receivable. The first such delivery of amendments to the Schedule of Receivables shall include monthly amendments reporting account numbers appearing on the Schedule of Receivables with the new account numbers assigned to such Receivables during any prior Collection Period.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!