Direct Cost means a cost not to exceed the cost of labor, material, travel and other expenditures to the extent the costs are directly incurred to provide the relevant assistance or service. “Direct Cost” to the Acquirer for its use of any of a Respondent’s employees’ labor shall not exceed the average hourly wage rate for such employee;
Patient cost means the cost of a medically necessary health care service that is incurred as a result
Life-cycle cost means the expected total cost of ownership during the life of a product, including disposal costs.
One-hundred-year flood means a flood having a one per cent chance of being equaled or exceeded in any given year.
Bid with Lowest Evaluated Cost means the bid quoting lowest cost amongst all those bids evaluated to be substantially responsive;