Cost category definition

Cost category means the classification or grouping of similar or related costs for purposes of reporting, determination of cost limitations, and determination of rates.

Cost category shall have the meaning set forth in Section 5.2(a).

Cost category means a major cost category for development or construction costs identified in the applicable Annual Budget.

Examples of Cost category in a sentence

• The Payment Application shall include a Cost Summary showing each GMP Cost Category and shall include a cost breakdown by CSI Category.

• If Owner requires, in writing, rejection of a Trade Contractor after the acceptance of the GMP Change Order by Owner and the substitute Trade Contractor has submitted a higher proposal or price, then Owner will issue a Change Order to adjust the GMP Change Order and the associated GMP Cost Category to reflect the difference between the amount of the rejected proposal or price and the higher accepted proposal or price.

• Additionally, each CCO Cost Category set forth in the Component Change Order shall be the maximum amount that Owner is required to pay for each CCO Cost Category.

• Contingency Costs are costs incurred by CM/GC that are payable from the Contingency Fund as provided in this Section, but payment of such costs shall not exceed the GMP Cost Category associated with the Contingency Fund.

• The GMP Cost Category or CCO Cost Category that is associated with Contingency Costs.

More Definitions of Cost category

Cost category means a category of expenditure as set out in the approved budget.

Cost category has the meaning set forth in Section 7.1.

Cost category means the classification or grouping of similar or related costs for purposes of reporting which are used in the determination of cost limitations and rates.

Cost category means the classification or grouping of similar or related costs for purposes of reporting and the determination of cost limitations and rates. For the purposes of this chapter, the cost categories of administration, education, maintenance, and rehabilitation will be used.

Cost category means the category of public works set forth in paragraph (b) of subsection 2 of NAC 338.250 for which [an applicant] a prime contractor may apply to be qualified for a 2-year period to submit bids.

Cost category means a category of expenditure in the Approved Budget that is one level above a line item (for example the activity area “Sustaining political commitment and stakeholder engagement”).

Cost category shall have the meaning given such term in paragraph (e) of Section 2 hereof.