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 or “cost” means the audited cost of providing 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:

Examples of Actual Cost in a sentence

  • Actual cost shall be calculated in accordance with the methodologies set forth in the Office of Management and Budget (OMB) Super Circular, 2 CFR Part 200 “Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards: Final Rule”, utilizing the budgeted amounts set forth in Exhibit B-2B-3 as the maximum amount(s) allowable in calculating actual costs.

  • Actual cost may include labor, material, staff service vehicles (transportation cost), overhead, and other applicable costs.

  • Actual cost of licensing will be determined after all ticket sales are final.

  • Actual cost of bed and breakfast up to a maximum of: £93.00 per night in London or £70.00 per night elsewhere Rev 01/08/2015 It is important that you understand the obligations placed upon you as an independent expert.

  • In addition, IPM shall submit monthly and receive reimbursement for the following expenses including: • Actual cost for business‐related meals, supplies, copies, postage and related expenses.


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 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 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 pro- viding 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, re- pair 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 re- quirements.
Actual Cost means the direct cost related to the
Actual Cost means the total cost of the construction, reconstruction, maintenance or repair of a line fence, and includes the value of the material used and the value of the labour performed to complete the work;
Actual Cost means all direct or indirect costs incurred by a government unit in order to