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

  • For purposes of comparing price under this Paragraph, the price and/or conversion costs of Services shall include those CONTRACTOR cost components which are generic to the Services as compared to other similar services generally provided by CONTRACTOR.

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

  • Actual and allowable CONTRACTOR cost and all other revenues interest and returns resulting from service and activities delivered under this Agreement are subject to final settlement to the lesser of actual and allowable cost or charges of DHCS approved Specialty Mental Health Services.

  • In yet another argument new in the Award—and not made by BP— the Tribunal found:… the Tribunal notes that the Parties had adopted a particular mechanism for compensation for changes in CONTRACTOR cost and that the mechanism they had chosen fell away after the conclusion of the contract.

  • CONTRACTOR shall remit any unearned funds to the COUNTY at the time CONTRACTOR cost report.

  • If any subcontract provides that the subcontractor is to be paid on the basis of cost of the work plus a fee, the subcontractor's cost of the work and fee shall be determined in the same manner as CONTRACTOR cost of the work and fee as provided in this Paragraph 11.1.

  • The accommodation will be regularly audited, against COMPANY standards and failure to comply with these standards will result in the facility being withdrawn or returned to the COMPANY standard at CONTRACTOR cost.

  • If work is required by HCS during after hours /weekends, the maximum rate allowed would be 20% above the normal labor rate.PARTS/SUPPLIES: The District will allow all parts to include aftermarket and used replacement parts to be invoiced at CONTRACTOR cost plus a 15% allowed markup.

  • Water to be provided by CONTRACTOR, cost of water supply is inclusive of this bid.

  • The maintenance and cleaning of all CONTRACTOR facilities is at CONTRACTOR cost whether the facilities are provided by the COMPANY or not.

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.

  • Covered subcontractor means any entity that has a subcontract valued in excess of $1 million, except a subcontract for the acquisition of commercial items, including commercially available off-the-shelf items.

  • 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 any Item of Equipment, the gross amount paid by the Company to the manufacturer thereof, including all applicable sales taxes, and delivery charges as invoiced by such manufacturer to the Company.

  • 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.