Net savings definition
Examples of Net savings in a sentence
Net savings shall be determined by deducting from the estimated gross savings, the Contractor's costs of developing and implementing the proposal (including any amount attributable to a subcontractor) and the estimated amount of increased costs to the OWNER resulting from the change, such as implementation, inspection, related items, and OWNER-furnished material.
Net savings is hereby defined to be the difference between the total cost of the Participating Employer's contribution to Health & Welfare, Pensions, or Annuity, after the reduction or elimination and the total cost to the Employer of the Health & Welfare, Pension Trust Funds, or Annuity Plan prior to the reduction or elimination.
Net savings in labour costs resulting from Manufacturer’s efficient management of the Manufacturing Process shall not result in reductions in the Purchase Price.
Net savings may be paid by the Co-op in cash and/or credit that can be used to purchase merchandise and food at the Co-op.
Net savings is hereby defined to be the difference between the cost of the participating Employer’s contribution to the funds, and the total cost of the Employer of the action which caused the reduction in or elimination of the program.