Cost criterion definition

Cost criterion means the number arrived at as of each computation date through the following calculations:
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”.
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

Examples of Cost criterion in a sentence

  • Cost criterion - Name: Commercial / Weighting: 100 Options: Yes Description of options HS2 Ltd reserves the right to omit and/or vary the Scope.

  • Quality criterion - Name: Technical / Weighting: 60 Cost criterion - Name: Commercial / Weighting: 40 Options: Yes Description of options HS2 Ltd reserves the right to omit and/or vary the scope.

  • Cost criterion - Name: Price / Weighting: 0 Options: Yes Description of options The Framework will commence on 9th September 2024 and is anticipated to continue until 8th September 2029.

  • Quality criterion - Name: Quality / Weighting: 50 Cost criterion - Name: Cost / Weighting: 50 Options: Yes Description of options Purchasing, installation and warranty of modular ramps in line with the requirements of the specification.

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).

  • Evaluation Criteria means a benchmark, standard or yardstick against which accomplishment, conformance, performance and suitability of an individual, alternative, activity, product or plan is measured to select the best supplier through a competitive process. Criteria may be qualitative or quantitative in nature.