CONTRACTOR cost definition

CONTRACTOR cost. , as used in this clause, means those costs that result directly from developing and implementing the VECP, such as any net increases in the cost of testing, operations, maintenance, and logistic support. The term does not include the normal administrative costs of processing the VECP.
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CONTRACTOR cost means the cost of goods including any directly related costs such as embellishment services, setup fees, art charges, proof charges, PMS matching charges, and other costs assessed by the item manufacturer/supplier. Contractor Cost specifically excludes Shipping Charges and any royalties.
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CONTRACTOR cost means the cost (to include the Assured's overhead) to the Assured of contractors (whether or not the Assured has a written contract with such contractors) solely in relation to the construction of the Vessel and shall not include the Assured’s profit on such cost, nor Labour Cost nor Material Cost. Where the Assured consists of the Builder and the Buyer, the "Contractor Cost" shall be the cost to the party which has retained the contractor.
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Examples of CONTRACTOR cost in a sentence

  • In the event a disaster or emergency, CONTRACTOR shall be reimbursed for preapproved services at CONTRACTOR cost with detailed invoices.

  • OPERATOR shall reimburse CONTRACTOR for such materials and services as are actually furnished at CONTRACTOR cost plus fifteen percent (15%).

  • If SUBCONTRACTOR is unwilling or refuses to commence the project, delays completing the project, fails to complete the project or fails to correct said deficient work on the project, then SUBCONTRACTOR shall be responsible to CONTRACTOR for damages, including but not limited to, CONTRACTOR cost to cover and correct said deficient items in need of correction.

  • OPERATOR shall reimburse CONTRACTOR for such materials and services as are actually furnished at CONTRACTOR cost plus ten percent (10%).

  • PPMC hereby agrees to pay the CONTRACTOR cost and price of the items delivered and accepted as indicated and specified in Annex “B” hereof within fifteen (15) days from issuance of a Certificate of Completion.

  • When the cost of parts and materials per site visit totals more than fifty dollars ($50.00), the dollar amount more than fifty dollars ($50.00) shall be billed to the State at CONTRACTOR cost.

  • All personnel equipment is considered a CONTRACTOR cost and should be included in the appropriate billing rates.

  • Any gifts, fees or other forms of material benefit must be declined, either for personal use or for third parties - except when of nominal value and received as part of normal business practice - as direct or indirect form of compensation for the performance of actions related to their position or duties.

  • YCTD will pay the CONTRACTOR cost for all materials ordered, plus reasonable overhead and profit for the portion of work accepted through termination.

  • Second, a practice found at some research-intensive universities is for the central administration to allocate a portion of the institution’s indirect cost recovery funds to research investigators or departments that receive external research awards, as an additional incentive for seeking such awards.

Related to CONTRACTOR cost

  • The Contractor or Contractors means the firm, company or person engaged by the SBIIMS to carry out the work. It shall also include their legal representative(s), successors or assigns.

  • Contract Cost means the Contract Sum plus Price Variation. This cost shall be included in the letter of acceptance.

  • Contractor means the individual or entity, that has entered into this contract with the Commonwealth.

  • Subcontractor means any supplier, distributor, vendor, or firm that furnishes supplies or services to or for a prime contractor or another subcontractor.

  • The Contract Price/Project Cost means the price payable to the Vendor under the Contract for the full and proper performance of its contractual obligations.

  • Contractor System means the information and communications technology system used by the Contractor in performing the Services including the Software, the Contractor Equipment and related cabling (but excluding the Authority System).

  • Elevator contractor means a sole proprietor, firm, or corporation licensed under this chapter that is engaged in the business of erecting, constructing, installing, altering, servicing, repairing, or maintaining an elevator.

  • Contractor’s Equipment means all apparatus, machinery, vehicles and other things required for the execution and completion of the Works and the remedying of any defects. However, Contractor’s Equipment excludes Temporary Works, Employer’s Equipment (if any), Plant, Materials and any other things intended to form or forming part of the Equipment.

  • Supplier/Contractor means the individual, firm or company with whom the contract has been concluded for supplying the Goods and Services under the Contract. The Supplier/Contractor shall be deemed to include its successors (approved by the purchaser), representatives, heirs, executors, administrators and permitted;

  • Patient cost means the cost of a medically necessary health care service that is incurred as a result

  • Contractors means the bidder whose bid has been accepted by the COE;

  • Development Cost means the total of all costs incurred in the completion of a Development excluding Developer Fee, operating deficit reserves, and total land cost as typically shown in the Development Cost line item on the development cost pro forma.

  • Contractor Equipment means all appliances and things of whatsoever nature (other than temporary works) required for execution and completion of works and remedying of any defects, therein. But does not include plant, materials or other things intended to form or forming part of the permanent works.

  • Contract Work means everything required to be furnished and done by the Contractor by any one or more of the parts of the Contract referred to in Article 1, except Extra Work as hereinafter defined.

  • Direct Cost means a cost not to exceed the cost of labor, material, travel and other expenditures to the extent the costs are directly incurred to provide the relevant assistance or service. “Direct Cost” to the Acquirer for its use of any of a Respondent’s employees’ labor shall not exceed the average hourly wage rate for such employee;

  • Project Cost means the price payable to Service Provider over the entire period of Agreement (i.e. Rs. <in words>) for the full and proper performance of its contractual obligations.

  • Contractor Project Manager means the employee identified in a Statement of Work as the Contractor project manager.

  • Prime Contractor as used in this clause, means a person who has entered into a prime contract with the United States.

  • Bidder/Contractor means the interested Firm/ Company/ Supplier/ Distributors that may provide or provides related Equipment/Services to any of the public/private sector organization under the contract and have registered for the relevant business thereof.

  • Subcontractors means subcontractors or subconsultants at any tier that are under the direct or indirect control or responsibility of the Contractor, and includes all independent contractors, agents, employees, authorized resellers, or anyone else for whom the Contractor may be liable at any tier, including a person or entity that is, or will be, providing or performing an essential aspect of this Contract, including Contractor’s manufacturers, distributors, and suppliers.

  • Contractor Personnel means Contractor’s employees and subcontractors (as well as any employees or subcontractors of those subcontractors) performing the Services.

  • Equipment Cost means, for each Unit, the purchase price therefor -------------- paid by the Owner Trustee to the Lessee pursuant to Section 2 of the Participation Agreement and as set forth in Schedule 1 to the Participation Agreement with respect to such Unit. Notwithstanding anything to the contrary contained in the Operative Agreements, the Equipment Cost for any Replacement Unit shall be deemed to be the Equipment Cost or deemed Equipment Cost of the Unit replaced by such Replacement Unit.

  • Plumbing contractor means a licensed master plumber or a person who employs a licensed master plumber full-time to directly supervise the installation of plumbing as his or her representative engaged in the business of plumbing for a fixed sum, price, fee percentage, valuable consideration, or other compensation and who is licensed as a plumbing contractor.

  • Standard Cost means any cost computed with the use of preestablished measures.

  • Lessor's Cost for the Aircraft means the amount denominated as such in Exhibit B to the Lease.

  • Contractor / Vendor means the Tenderer whose bid has been accepted and awarded Letter of Acceptance for a specific item followed by the signing of Contract.