Actual Cost definition

Actual Cost means the cost of depleted supplies, records storage media costs, actual mailing and alternative delivery costs, or other transmitting costs, and any direct equipment operating and maintenance costs, including actual costs paid to private contractors for copying services.
Actual Cost as used in this Contract shall consist of all costs, except those costs excluded by Article 4.4.4, necessarily incurred by the Design-Builder in the proper performance of the Work or services described in the Contract Documents (including this Contract) for which records required by the Contract Documents are established contemporaneously with the incurring of such cost, and maintained and which are not otherwise reimbursed or recovered by Design-Builder. Such Actual Costs shall be at rates not higher than the standard paid in the locality of the performance required by the Contract Documents except upon the prior written consent of the Owner. The Owner will pay the Design-Builder for the following Actual Costs incurred during the Construction Phase of the Project, consistent with the approved GMP:
Actual Cost or “cost” means the audited cost of providing services.

Examples of Actual Cost in a sentence

  • The estimated cost will be replaced with the actual cost and the calculation will be as follows: Actual Monthly O&M calculation: 1/12 X 4.856% X $Actual Cost SERVICE AGREEMENT NO.


More Definitions of Actual Cost

Actual Cost means the operational, remedial and emergency action, closure, postclosure, and monitoring costs of a sanitary disposal project for the lifetime of the project.
Actual Cost means an amount de- termined on the basis of cost incurred (as distinguished from forecasted cost), including standard cost properly ad- justed for applicable variance.
Actual Cost means the total value of all items and their extended quantities.
Actual Cost means all direct or indirect costs incurred by a government unit in order to deliver goods or services or to undertake a capital construction project. The “actual cost” of providing goods or services to a property or property owner includes the average cost or an allocated portion of the total amount of the actual cost of making a good or service available to the property or property owner, whether stated as a minimum, fixed or variable amount. “Actual cost” includes, but is not limited to, the costs of labor, materials, supplies, equipment rental, property acquisition, permits, engineering, financing, reasonable program delinquencies, return on investment, required fees, insurance, administration, accounting, depreciation, amortization, operation, maintenance, repair or replacement and debt service, including debt service payments or payments into reserve accounts for debt service and payment of amounts necessary to meet debt service coverage requirements.
Actual Cost means the cost of construction of all of the Acquisition Improvements, as documented by the Developer to the satisfaction of the Local Agency, as certified by the Local Agency Engineer in an Actual Cost Certificate.
Actual Cost means the direct cost related to the
Actual Cost means Hydro One’s charge for equipment, labour and materials at Hydro One’s standard rates plus Hydro One’s standard overheads and interest thereon;