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
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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.

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

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

  • The remaining proposals are rated by applying the Technical Scoring Formula set forth at the following webpage: http://www.dgs.pa.gov/Businesses/Materials%20and%20Services%20Procurement/Procurement-Resources/Pages/default.aspx Cost: The Issuing Office has established the weight for the Cost criterion for this RFP as 25% of the total points.

  • Cost: The Issuing Office has established the weight for the Cost criterion for this RFP as 20% 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 Cost criterion is rated by giving the proposal with the lowest total cost the maximum number of Cost points available.

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

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

Related to Cost criterion

  • Goal means the intended or projected result of a comprehensive corrections plan or community corrections program to reduce prison commitment rates, to reduce the length of stay in a jail, or to improve the utilization of a jail.

  • 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.

  • Clinical review criteria means the written screening procedures, decision abstracts, clinical protocols, and practice guidelines used by a health carrier to determine the necessity and appropriateness of health care services.

  • 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: