Common use of Verified costs Clause in Contracts

Verified costs. In cases where the owner and the Chief, Division of Insur- ance, Maritime Administration, have not agreed in advance of the loss upon amounts representing, or the method for determining, the average daily con- sumption costs of Stores and Supplies for the owner’s vessel, claims for total loss of such Stores and Supplies must be submitted by the owner on Affidavit in Proof of Claims for the Loss of Stores and Supplies, Exhibit B. In such cases, the value of the consumable stores will be determined as follows: (1) The value of consumable stores on board the vessel at the time the vessel was ready to sail, determined by cer- tified inventories of the owner of amounts on board the vessel at the ter- mination of the preceding voyage or date of last inventory, less actual con- sumption to date of sailing, plus a cer- tified statement by the owner of actual additional purchases made from date of termination of the preceding voyage or date or last inventory to date vessel was lost, subject to audit by the Mari- time Administration, less (2) The average daily consumption cost determined by dividing the amount determined as in paragraph (b)(1) of this section by the number of days for which the vessel was stored, times the number of days from the date the vessel was ready to sail to, but not including, the date of loss, plus actual amount of consumable stores trans- ferred or sold. The values of subsistence stores, slop chest, bar stock, and fuel, at the time of loss are determined in the same manner, supported by certified inven- tories of the owner and invoices.

Verified costs. In cases where the owner and the Chief, Division of Insur- ance, Maritime Administration, have not agreed in advance of the loss upon amounts representing, or the method for determining, the average daily con- sumption costs of Stores and Supplies for the owner’s vessel, claims for total loss of such Stores and Supplies must be submitted by the owner on Affidavit in Proof of Claims for the Loss of Stores and Supplies, Exhibit B. In such cases, the value of the consumable stores will be determined as follows: (1) The value of consumable stores on board the vessel at the time the vessel was ready to sail, determined by cer- tified inventories of the owner of amounts on board the vessel at the ter- mination of the preceding voyage or date of last inventory, less actual con- sumption to date of sailing, plus a cer- tified statement by the owner of actual additional purchases made from date of termination of the preceding voyage or date or last inventory to date vessel was lost, subject to audit by the Mari- time Administration, less (2) The average daily consumption cost determined by dividing the amount determined as in paragraph (b)(1) of this section by the number of days for which the vessel was stored, times the number of days from the date the vessel was ready to sail to, but not including, the date of loss, plus actual amount of consumable stores trans- ferred or sold. The values of subsistence stores, slop chest, bar stock, and fuel, at the time of loss are determined in the same manner, supported by certified inven- tories of the owner and invoices. EXHIBIT A AFFIDAVIT IN PROOF OF CLAIM FOR THE LOSS OF UNUSED STORES AND SUPPLIES ON BOARD THE SSlllllll STATE OF COUNTY OF I am the lll of lll, the Owner of the SS lll, which was lost as a result of enemy action on or about the lll day of lll, lll. I make this affidavit in sup- port of the above-named Owner’s claim for the loss of the actual value of the said ves- sel’s unused Stores and Supplies. The state- ments herein contained are based upon the personal knowledge of deponent or upon the books of records of the Owner or its agent which deponent believes are true and accu- rate. (A) ‘‘Stores and Supplies’’, for loss of which claim is being made, are limited to consumable and subsistence stores as defined in Maritime Administration Inventory Man- ual, Vessel Inventories, Part I, and do not in- clude radio supplies, expendable equipment, scrap, junk and spare parts. 1 (B) It has been the consistent accounting practice of the Owner to group together Consumable Stores as defined in the Mari- time Administration Inventory Manual, Ves- sel Inventories, Part I, and Expendable Equipment, but the amount herein stated to be the value of consumable stores for the purpose of making this claim does not ex- ceed lll 2 percent of the aggregate of such consumable stores and expendable equip- ment. 1 I am familiar with the insurance car- ried on the Stores and Supplies on the SS lll; and, from the effective date of War Risk Insurance Binder Nolll Policy Nolll issued by the United States of America, which covers the total loss of Stores and Supplies in the amount of $lll, to the date of such vessel’s loss on lll, there was no war risk insurance on such Stores and Supplies other than that provided by said Binder or Policy. The period for which the vessel was stored with Stores and Supplies for use on the voy- age on which she was lost, beginning with the last day of storing, was lll days for Consumable Stores, lll days for Subsist- ence Stores, lll days for Slop Chest, lll days for Bar Stock and lll days for Fuel. The number of days from the last day of storing to, but not including, the date on which the vessel was lost, was lll days for 1 Strike out either paragraph (A) or (B).

Verified costs. In cases where the owner and the Chief, Division of Insur- ance, Maritime Administration, have not agreed in advance of the loss upon amounts representing, or the method for determining, the average daily con- sumption costs of Stores and Supplies for the owner’s vessel, claims for total loss of such Stores and Supplies must be submitted by the owner on Affidavit in Proof of Claims for the Loss of Stores and Supplies, Exhibit B. In such cases, the value of the consumable stores will be determined as follows: (1) The value of consumable stores on board the vessel at the time the vessel was ready to sail, determined by cer- tified inventories of the owner of amounts on board the vessel at the ter- mination of the preceding voyage or date of last inventory, less actual con- sumption to date of sailing, plus a cer- tified statement by the owner of actual additional purchases made from date of termination of the preceding voyage or date or last inventory to date vessel was lost, subject to audit by the Mari- time Administration, less (2) The average daily consumption cost determined by dividing the amount determined as in paragraph (b)(1) of this section by the number of days for which the vessel was stored, times the number of days from the date the vessel was ready to sail to, but not including, the date of loss, plus actual amount of consumable stores trans- ferred or sold. The values of subsistence stores, slop chest, bar stock, and fuel, at the time of loss are determined in the same manner, supported by certified inven- tories of the owner and invoices. Exhibit A AFFIDAVIT IN PROOF OF CLAIM FOR THE LOSS OF UNUSED STORES AND SUPPLIES ON BOARD THE SSlllllll I am the lll of lll, the Owner of the SS lll, which was lost as a result of enemy action on or about the lll day of lll, lll. I make this affidavit in sup- port of the above-named Owner’s claim for the loss of the actual value of the said ves- sel’s unused Stores and Supplies. The state- ments herein contained are based upon the personal knowledge of deponent or upon the books of records of the Owner or its agent which deponent believes are true and accu- rate. (A) ‘‘Stores and Supplies’’, for loss of which claim is being made, are limited to consumable and subsistence stores as defined in Maritime Administration Inventory Man- ual, Vessel Inventories, Part I, and do not in- clude radio supplies, expendable equipment, scrap, junk and spare parts.1 (B) It has been the consistent accounting practice of the Owner to group together Consumable Stores as defined in the Mari- time Administration Inventory Manual, Ves- sel Inventories, Part I, and Expendable Equipment, but the amount herein stated to be the value of consumable stores for the purpose of making this claim does not ex- ceed lll 2 percent of the aggregate of such consumable stores and expendable equip- ment.1 I am familiar with the insurance car- ried on the Stores and Supplies on the SS lll; and, from the effective date of War Risk Insurance Binder Nolll Policy Nolll issued by the United States of America, which covers the total loss of Stores and Supplies in the amount of $lll, to the date of such vessel’s loss on lll, there was no war risk insurance on such Stores and Supplies other than that provided by said Binder or Policy. The period for which the vessel was stored with Stores and Supplies for use on the voy- age on which she was lost, beginning with the last day of storing, was lll days for Consumable Stores, lll days for Subsist- ence Stores, lll days for Slop Chest, lll days for Bar Stock and lll days for Fuel. The number of days from the last day of storing to, but not including, the date on which the vessel was lost, was lll days for Consumable Stores, lll days for Subsist- 1 Strike out either paragraph (A) or (B).

Verified costs. In cases where the owner and the Chief, Division of Insur- ance, Maritime Administration, have not agreed in advance of the loss upon amounts representing, or the method for determining, the average daily con- sumption costs of Stores and Supplies for the owner’s vessel, claims for total loss of such Stores and Supplies must be submitted by the owner on Affidavit in Proof of Claims for the Loss of Stores and Supplies, Exhibit B. In such cases, the value of the consumable stores will be determined as follows: (1) The value of consumable stores on board the vessel at the time the vessel was ready to sail, determined by cer- tified inventories of the owner of amounts on board the vessel at the ter- mination of the preceding voyage or date of last inventory, less actual con- sumption to date of sailing, plus a cer- tified statement by the owner of actual additional purchases made from date of termination of the preceding voyage or date or last inventory to date vessel was lost, subject to audit by the Mari- time Administration, less (2) The average daily consumption cost determined by dividing the amount determined as in paragraph (b)(1) of this section by the number of days for which the vessel was stored, times the number of days from the date the vessel was ready to sail to, but not including, the date of loss, plus actual amount of consumable stores trans- ferred or sold. The values of subsistence stores, slop chest, bar stock, and fuel, at the time of loss are determined in the same manner, supported by certified inven- tories of the owner and invoices. EXHIBIT A ence Stores, lll days for Slop Chest, lll days for Bar Stock and lll days for Fuel. SSlllllll STATE OF COUNTY OF I am the lll of lll, the Owner of the SS lll, which was lost as a result of enemy action on or about the lll day of lll, lll. I make this affidavit in sup- port of the above-named Owner’s claim for the loss of the actual value of the said ves- sel’s unused Stores and Supplies. The state- ments herein contained are based upon the personal knowledge of deponent or upon the books of records of the Owner or its agent which deponent believes are true and accu- rate. (A) ‘‘Stores and Supplies’’, for loss of which claim is being made, are limited to consumable and subsistence stores as defined in Maritime Administration Inventory Man- ual, Vessel Inventories, Part I, and do not in- clude radio supplies, expendable equipment, scrap, junk and spare parts.1 (B) It has been the consistent accounting practice of the Owner to group together Consumable Stores as defined in the Mari- time Administration Inventory Manual, Ves- sel Inventories, Part I, and Expendable Equipment, but the amount herein stated to be the value of consumable stores for the purpose of making this claim does not ex- ceed lll 2 percent of the aggregate of such consumable stores and expendable equip- ment.1 I am familiar with the insurance car- ried on the Stores and Supplies on the SS lll; and, from the effective date of War Risk Insurance Binder Nolll Policy Nolll issued by the United States of America, which covers the total loss of Stores and Supplies in the amount of $lll, to the date of such vessel’s loss on lll, there was no war risk insurance on such Stores and Supplies other than that provided by said Binder or Policy. The period for which the vessel was stored with Stores and Supplies for use on the voy- age on which she was lost, beginning with the last day of storing, was lll days for Consumable Stores, lll days for Subsist- ence Stores, lll days for Slop Chest, lll days for Bar Stock and lll days for Fuel. The number of days from the last day of storing to, but not including, the date on which the vessel was lost, was lll days for Consumable Stores, lll days for Subsist- 1 Strike out either paragraph (A) or (B).

Verified costs. In cases where the owner and the Chief, Division of Insur- ance, Maritime Administration, have not agreed in advance of the loss upon amounts representing, or the method for determining, the average daily con- sumption costs of Stores and Supplies for the owner’s vessel, claims for total loss of such Stores and Supplies must be submitted by the owner on Affidavit in Proof of Claims for the Loss of Stores and Supplies, Exhibit B. In such cases, the value of the consumable stores will be determined as follows: (1) The value of consumable stores on board the vessel at the time the vessel was ready to sail, determined by cer- tified inventories of the owner of amounts on board the vessel at the ter- mination of the preceding voyage or date of last inventory, less actual con- sumption to date of sailing, plus a cer- tified statement by the owner of actual additional purchases made from date of termination of the preceding voyage or date or last inventory to date vessel was lost, subject to audit by the Mari- time Administration, less (2) The average daily consumption cost determined by dividing the amount determined as in paragraph (b)(1) of this section by the number of days for which the vessel was stored, times the number of days from the date the vessel was ready to sail to, but not including, the date of loss, plus actual amount of consumable stores trans- ferred or sold. The values of subsistence stores, slop chest, bar stock, and fuel, at the time of loss are determined in the same manner, supported by certified inven- tories of the owner and invoices. AFFIDAVIT IN PROOF OF CLAIM FOR THE LOSS OF UNUSED STORES AND SUPPLIES ON BOARD THE SSlllllll State of County of I am the lll of lll, the Owner of the SS lll, which was lost as a result of enemy action on or about the lll day of lll, lll. I make this affidavit in sup- port of the above-named Owner’s claim for the loss of the actual value of the said ves- sel’s unused Stores and Supplies. The state- ments herein contained are based upon the personal knowledge of deponent or upon the books of records of the Owner or its agent which deponent believes are true and accu- rate. (A) ‘‘Stores and Supplies’’, for loss of which claim is being made, are limited to consumable and subsistence stores as defined in Maritime Administration Inventory Man- ual, Vessel Inventories, Part I, and do not in- clude radio supplies, expendable equipment, scrap, junk and spare parts. 1 (B) It has been the consistent accounting practice of the Owner to group together Consumable Stores as defined in the Mari- time Administration Inventory Manual, Ves- sel Inventories, Part I, and Expendable Equipment, but the amount herein stated to be the value of consumable stores for the purpose of making this claim does not ex- ceed lll 2 percent of the aggregate of such consumable stores and expendable equip- ment. 1 I am familiar with the insurance car- ried on the Stores and Supplies on the SS lll; and, from the effective date of War Risk Insurance Binder Nolll Policy Nolll issued by the United States of America, which covers the total loss of Stores and Supplies in the amount of $lll, to the date of such vessel’s loss on lll, there was no war risk insurance on such Stores and Supplies other than that provided by said Binder or Policy. The period for which the vessel was stored with Stores and Supplies for use on the voy- age on which she was lost, beginning with the last day of storing, was lll days for Consumable Stores, lll days for Subsist- ence Stores, lll days for Slop Chest, lll days for Bar Stock and lll days for Fuel. The number of days from the last day of storing to, but not including, the date on which the vessel was lost, was lll days for 1 Strike out either paragraph (A) or (B).