Cost Shifting definition

Cost Shifting. The deliverable amounts specified within the Deliverables section above are established based on the Parties’ estimation of sufficient delivery of services fulfilling grant purposes under the Agreement in order to designate payment points during the Agreement Period; however, this is not intended to restrict DEO’s ability to approve and reimburse allowable costs, incurred by Grantee in providing the deliverables herein. Prior written approval from DEO’s Agreement Manager is required for changes to the above Deliverable amounts that do not exceed ten (10) percent of each deliverable total funding amount. Changes that exceed ten (10) percent of each deliverable total funding amount will require a formal written amendment, as described in Section II.A., of the Agreement. Regardless, in no event shall DEO reimburse costs of more than the total amount of this Agreement.
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Cost Shifting. The deliverable amounts specified within the Deliverables table above are established based on the Parties estimation of sufficient delivery of services fulfilling grant purposes under the Agreement in order to designate payment points during the Agreement Period; however, this is not intended to restrict ▇▇▇’s ability to approve and reimburse allowable costs Subrecipient incurred providing the deliverables herein. Prior written approval from ▇▇▇’▇ ▇▇▇▇▇ Manager is required for changes to the above Deliverable amounts that do not exceed 10% of each deliverable total funding amount. Changes that exceed 10% of each deliverable total funding amount will require a formal written amendment request from Subrecipient, as described in Modification section of the Agreement. Regardless, in no event shall DEO reimburse costs of more than the total amount of this Agreement.
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Cost Shifting. The deliverable amounts specified within the Deliverables table(s) above are established based on the Parties' estimation of sufficient delivery of services fulfilling grant purposes under the Agreement in order to designate payment points during the Agreement Period; however,this is not intended to restrict DEO's ability to approve and reimburse allowable costs Grantee incurred providing the deliverables herein. Prior written approval from DEO's Agreement Manager is required for changes to the Deliverable amounts that do not exceed ten (10) percent of each deliverable total funding amount. Changes that exceed ten (10) percent of each deliverable total funding amount will require a formal written amendment request from Grantee, as described in MODIFICATION section of the Agreement. Regardless, in no event shall DEO reimburse costs of more than the total amount of this Agreement. Except as expressly amended by this instrument,the Grantee and Sub-Grantee do hereby ratify and confirm the terms and provisions of their Agreement dated April 30,2018. SBEC/PSC Agreement Amendment September 15, 2020
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Examples of Cost Shifting in a sentence

  • If you lose you will normally have the benefit of Qualified One-Way Cost Shifting so the court will not usually enforce an order for costs against you, unless:  the proceedings have been struck out; or  the claim is fundamentally dishonest; or  the claim includes a claim for the financial benefit of someone else.

  • Whilst the debate about the problems resulting from the inadequate, restrictive and regressive nature of local government’s revenue base, and vertical fiscal imbalance in the Australian system of government, which was prompted by the 2003/2004 House of Representatives inquiry into Local Government and Cost Shifting (the “Fair Share” report) is welcomed, as yet, two years after the Inquiry, not a single aspect of local government financing has been changed.

  • Cost Shifting: The deliverable amounts specified within the Deliverables section above are established based on the Parties’ estimation of sufficient delivery of services under the Contract in order to designate payment points during the Contract Period.

  • DELIVERABLE NOT TO EXCEED: $2,500,000.00 Cost Shifting: deliverable amounts specified within the Deliverables section above are established based on the Parties' estimation of sufficient delivery of services fulfilling grant purposes under the Agreement in order to designate payment points during the Agreement Period; however, this is not intended to restrict ▇▇▇'s ability to approve and reimburse allowable costs, incurred by Grantee in providing the deliverables herein.

  • Subcontractors E.2 Cost Shifting H/H <describe the fraud risk as it relates to this project and/or the reasons why it is N/A> Potential Procedures - Generic: Review applicable supporting documentation to identify potential red flags and investigate as appropriate.

  • If you lose you will normally have the benefit of Qualified One-Way Cost Shifting so the court will not usually enforce an order for costs against you, unless:  the proceedings have been struck out; or  the claim is fundamentally dishonest; or  the claim includes a claim for the financial benefit of someone else other than you.

  • Change Orders G.2 Cost Shifting H/H <describe the fraud risk as it relates to this project and/or the reasons why it is N/A> Potential Procedures - Generic: Review applicable supporting documentation to identify potential red flags and investigate as appropriate.

  • If you lose you will normally have the benefit of Qualified One-Way Cost Shifting so the court will not usually enforce an order for costs against you, unless: • the proceedings have been struck out; or • the claim is fundamentally dishonest; or • the claim includes a claim for the financial benefit of someone else.

  • Despite the rules in relation to Qualified One Way Cost Shifting (QOCS) there remains a significant risk that you could lose some or all of your damages if you fail to beat a Part 36 Offer.

  • However you will normally have the benefit of Qualified One-Way Cost Shifting so the court will not usually enforce an order for costs against you, unless:  the proceedings have been struck out; or  the claim is fundamentally dishonest; or  the claim includes a claim for the financial benefit of someone else.


More Definitions of Cost Shifting

Cost Shifting. The deliverable amounts specified within the Deliverables section above are established based on the Parties’ estimation of sufficient delivery of services fulfilling grant purposes under the Agreement in order to designate payment points during the Agreement Period; however, this is not intended to restrict DEO’s ability to approve and reimburse allowable
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Cost Shifting. The deliverable amounts specified within Section 4 of this Scope of Work are established based on the Parties’ estimation of sufficient delivery of services fulfilling grant purposes under the Agreement in order to designate payment points during the Agreement Period; however, this is not intended to restrict ▇▇▇’s ability to approve and reimburse allowable costs Recipient incurred providing the deliverables herein. Prior written approval from DEO’s Agreement Manager is required for changes to the above Deliverable amounts that do not exceed 10% of each deliverable total funding amount. Changes that exceed 10% of each deliverable total funding amount will require a formal written amendment request from Recipient, as described in MODIFICATION section of the Agreement. Regardless, in no event shall DEO reimburse costs of more than the total amount of this Agreement. Recipient: Modification Number: N/A Contract Number: 1.
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Cost Shifting. The deliverable amounts specified within Section 1.3 are established based on the Parties’ estimation of sufficient delivery of services under the Contract in order to designate payment points during the Contract Period. Prior written approval from Commerce’s Contract Manager is required for any cost shifting. Regardless, in no event shall Commerce pay costs that exceed the total amount of this Contract without an amendment to this Contract.
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Related to Cost Shifting

  • Operating Costs means the incremental operating expenses incurred on account of the Project implementation, management and monitoring including rent for buildings; office, vehicles, office equipment and other operation and maintenance costs; water and electricity utilities, telephone, office supplies, bank charges, additional staff costs, travel and supervision costs, per diem, but excluding the salaries of officials and public servants of the Project Implementing Entity or the Recipient’s civil service.

  • Cost Estimate means the detailed projected expenditure, including material costs and overhead, equipment costs and overhead, labor costs and overhead, and all taxes associated with each major material and service component, required for a line extension. It shall also separately identify any incremental costs associated with providing premium services. The Company may, for the purpose of standardization, establish standard construction cost estimates, for basic or premium service plans, which shall not exceed, in any event, the average cost of constructing such line extensions in the area involved, in which case the term “cost estimate” as used in this section will be understood to mean the standard estimate thus established.

  • Operating Expense means salaries, wages, cost of maintenance and operation, materials, supplies, insurance, and all other items normally included under recognized accounting practices, but does not include allowances for depreciation in the value of physical property.

  • Stormwater management planning area means the geographic area for which a stormwater management planning agency is authorized to prepare stormwater management plans, or a specific portion of that area identified in a stormwater management plan prepared by that agency.

  • Controllable Operating Expenses means all Operating Expenses except property taxes and assessments, capital expenditures that are reasonably required, costs for repairs and maintenance (excluding preventative maintenance), utility charges, insurance charges, costs of services provided under a union contract, payments under covenants, conditions and restrictions or to an owners’ association and costs associated with repairs due to casualty, vandalism or other cause outside of Landlord’s reasonable control.