Disallowed Cost definition
Examples of Disallowed Cost in a sentence
There is a cross reference from the core clause 11.2(6) definition of Disallowed Cost to the Service Information regarding procurement procedures.
This part of the Service Information MUST include any such procedures to be able to administer Disallowed Cost.
Notwithstanding anything to the contrary, Contractor shall not be entitled to any payment or compensation in respect of any Disallowed Cost.
Defined Cost includes subcontract amounts and the prices of the work done by the Contractor himself less Disallowed Cost.
Notwithstanding anything to the contrary herein and subject to Contractor’s right to dispute such decision pursuant to Article 18, Contractor shall not be entitled to payment or compensation for any Disallowed Cost.
There is a cross reference from the definition of Disallowed Cost in Options C D and E to the Works Information regarding procurement procedures.
Disallowed Cost incudes costs not justified by accounts and record, costs not in accordance with a Subcontractor’s contract, costs incurred because procedures were not followed and payment to a Subcontractor for work which the Contractor is to do himself and the Contractor’s management.
This part of the Service Information MUST includes any such procedures to be able to administer Disallowed Cost.
Any Dispute with respect to whether any Cost constitutes a Disallowed Cost may be referred to expert determination in accordance with Clause 9.8(D).
FRWIB may make the sole determination about whether a cost constitutes a Disallowed Cost, based upon the results of a Compliance Review or Special Investigation, as defined below.