Cost criterion definition

Cost criterion means the number arrived at as of each computation date through the following calculations:
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Cost criterion means the number arrived at as of each computation date (i.e., June 30), through the following calculation: "(i) With respect to each period of 12 consecutive months starting after 1956, calculate the percentage ratio of the benefits paid during the 12 months to the aggregate amount of the payrolls paid by employers within the most recent calendar year completed before the start of the 12 month-period"; “(ii) Select the largest percentage ratio...to be used as of that computation date”.
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Cost criterion means the number arrived at as of each computation date (i.e., June 30), through the following calculation: "(i) With respect to each
Sample 1

Examples of Cost criterion in a sentence

  • Cost: The Issuing Office has established the weight for the Cost criterion for this RFP as 30 % of the total points.

  • Cost: The Issuing Office has established the weight for the Cost criterion for this RFP as 30% of the total points.

  • II.2.5) Award criteria Quality criterion - Name: Quality / Weighting: 30 Cost criterion - Name: Cost / Weighting: 70II.2.7) Duration of the contract, framework agreement or dynamic purchasing systemDuration in months 36This contract is subject to renewal YesDescription of renewals 2x12 Month extension available.

  • The Issuing Office has established the weight for the Cost criterion for this RFP as 30 % of the total points.

  • Cost: The Issuing Office has established the weight for the Cost criterion for this RFP as thirty percent (30%) of the total points.

  • II.2.5) Award criteria Quality criterion - Name: Technical / Weighting: 30% Cost criterion - Name: Price / Weighting: 70%II.2.7) Duration of the contract, framework agreement or dynamic purchasing system Duration in months36 This contract is subject to renewal No II.2.10) Information about variants Variants will be accepted: No II.2.11) Information about options Options: Yes Description of options Option to purchase extended warranty and consumables/parts until the end of the units’ life.

  • The Issuing Office has established the weight for the Cost criterion for this RFQ as 30% of the total points.

  • II.2.5) Award criteria Quality criterion - Name: Technical / Weighting: 70% Cost criterion - Name: Price / Weighting: 30%II.2.7) Duration of the contract, framework agreement or dynamic purchasing system Duration in months12 This contract is subject to renewal No II.2.10) Information about variants Variants will be accepted: NoII.2.11) Information about options Options: Yes Description of options 1 year, subject to a satisfactory review with the option to extend the Contract for a further 48 months.

  • Cost: The Issuing Office has established the weight for the Cost criterion for this RFP as 20% of the total points.

  • The Issuing Office has established the weight for the Cost criterion for this RFP as 25% of the total points.

Related to Cost criterion

  • ASAM criteria means admission, continued service, transfer, and discharge criteria for the treatment of substance use disorders as published by the American Society of Addiction Medicine (ASAM).

  • Selection Criteria means and includes all of the requirements, considerations,

  • Award Criteria means the Standard Services Award Criteria and/or the Competed Services Award Criteria as the context requires

  • Specific goals means specific goals as contemplated in section 2(1)(d) of the PPPFA which may include contracting with persons, or group of persons, historically disadvantaged by unfair discrimination on the basis of race, gender and disability including the implementation of programmes of the Reconstruction and Development Programme as published in Government Gazette No. 16085 dated 23 November 1994.

  • Acceptance Criteria means the Specifications, goals, performance measures, testing results and/or other criteria designated by the Agency and against which the Deliverables may be evaluated for purposes of Acceptance or Non-acceptance thereof.

  • Design Criteria means the design criteria set out in the Ministry’s publication “Design Criteria for Sanitary Sewers, Storm Sewers and Forcemains for Alterations Authorized under Environmental Compliance Approval”, (as amended from time to time).

  • Performance Indicator means a measure of HSP performance for which a Performance Target is set; technical specifications of specific Performance Indicators can be found in the MSAA Indicator Technical Specifications document;

  • Performance Criteria means the criteria (and adjustments) that the Committee selects for an Award for purposes of establishing the Performance Goal or Performance Goals for a Performance Period, determined as follows:

  • Performance Goal means a performance goal established by the Committee pursuant to Section 10.3.