Open Book means that there must be full disclosure of costs charged by the ESCo, to the Project Balance and these costs must be subject to audit and approval by Canada.
Open Book means the transparent sharing of all accounting information including actual costs in order to aid financial governance and to enable structured cost reduction initiatives.
Open Book means an accounting model whereby costs and returns (both to the Contractor and the Grantor) will be visible and transparent, without making sensitive financial data available to competitors.
Examples of Open Book in a sentence
If requested by TxDOT, in its discretion, negotiation for lump sum or unit price Change Orders may be based on the information contained in the EPDs or on an Open Book Basis.
More Definitions of Open Book
Open Book means the transparent and full disclosure of information to be undertaken in utmost good faith and to include the declaration of all information which the Borough is required to maintain keep or disclose under this Agreement and any other financial components such as price, profit margins, central office overheads, site overheads, preliminaries, contingencies and the cost of all materials, goods, equipment, work and service, apportionments of these items with all and any books of accounts, correspondence, agreements, orders, invoices, receipts and other documents available for inspection; Permitted Disposal means:
Open Book means the declaration of all price components including profit margins, central office overheads, site overheads, preliminaries, contingencies and the cost of all materials, goods, equipment, work and services with all and any books of accounts, correspondence, agreements, orders, invoices, receipts and other documents available for inspection;
Open Book means a method of procuring an unsolicited project where the contracting authority signs the contract with the original proponent who receives a defined return and must conduct a transparent bidding process for each component of the project in order to get the best price;
Open Book means the interactive process between the Board and the Supplier under which the Supplier makes available to the Board all Records prepared or maintained by the Supplier in respect of each Work Order, each Service Contract, and this MSA. Open Book is an active, co-operative process between the Board and the Supplier and is in addition to and not in substitution of the Board’s rights pursuant to Article 31 (Audit Rights).
Open Book means access to financial information held by or on behalf of the CONTRACTOR including but not limited to:
Open Book means transparent and full disclosure of all documentation and calculations relating to the determination of costs incurred or anticipated to be incurred by or on behalf of the Partner in complying with its obligations in this Agreement in order to satisfy the Council that these costs are accurate, reasonable and represent value for money as further detailed in paragraph 1.2, Part 1 of Schedule 3 (subject to the FOIA Protocol (where applicable))
Open Book. , for the purpose of the exam, means that the following materials may be brought into the examination room: (1) any textbook; (2) any version of the Criminal Code or YCJA; (3) your lecture notes (or any notes that you shared with a study group or that you have with the permission of their au- thor), and (4) any material downloaded from the course website (cuLearn), including the instructor’s lec- ture notes and PowerPoint/Keynote slides; (5) any e-mails sent by the instructor. You may make use of a computer, laptop or other device during the exams, as long as it is in airplane mode – i.e., wifi, Blue- tooth and cellular are disconnected, and the device is not connected to the internet or to another per- son’s device..