Open Book Pricing definition

Open Book Pricing means providing detailed costing information to iRobot which includes; a fully-costed xxxx of materials, markups related to the sourcing and manufacturing of the Components and the Product and an explanation of all adders on material or value add (in place as of the Effective Date). In addition, Kin Yat shall provide detailed overviews of the relevant financial costing model to iRobot’s representatives and professional advisors. By [***], Kin Yat shall provide final fixed price quotation for upcoming iRobot fiscal year.
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Open Book Pricing means “Open Book Pricing” as set forth in Article 6(H).
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Open Book Pricing means as set forth in §6(H).
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Examples of Open Book Pricing in a sentence

  • Kin Yat shall at all times employ an Open Book Pricing approach to cost management and pricing of Components, Products and the Manufacturing Services to achieve Sustainable and Competitive Pricing for the Products and Manufacturing Services provided to iRobot under this Agreement.

  • Pursuant to Section 6.3, Price Disclosure, and Section 6.4, Open Book Pricing, of this Agreement, ESCO will, upon request by the University, fully disclose all required information related to Subconsultant/ Subcontract Construction, Subconsultant/ Subcontract Engineering, and Contingency.

  • Energy Measure Open Book Pricing:- Describe your company's process to solicit bids on equipment/labor or to ensure price/cost competition and the best value for the LEA- Open book pricing is required.

  • Acceptable methods of determining pricing may include Open Book Pricing or Unit Price Book.

  • No.Evaluation Criteria 4.Qualifications and Experience of Personnel Overall qualifications and experience profile represented by the key personnel described by the offeror; Education and certification background of personnel; Tenure of the proposed personnel with submitting firm; The specific experience of the proposed team; Knowledge of JOC practices using an established Unit Price Book and Open Book Pricing shall be considered.

  • Contract pricing under the Request for Proposal following this solicitation will be based upon a coefficient applied to a Unit Price Book, Open Book Pricing, and/or labor, and/or Trade Service price guide for products.

  • Non-availability of long-term finance and long procedures to access financial help, where available, has been identified as a majorconstraint facing entrepreneurs in Anambra.

  • Open Book Pricing Open book pricing will be required, such that the ESCO will fully disclose all costs, including all costs of subcontractors and vendors.

  • Open Book Pricing This is a buying strategy where price is based on the supplier’s costs – rather than a price chosen by the supplier.

  • There is limited collaboration between design-builder and the owner on the design matters and most design decisions are often made in isolation (DBIA, 2017, Loulakis and Kinsley, 2017).• Open Book Pricing: In PDB, the owner can make informed and real-time decisions during the progressive designs because the owner has access to the design-builder’s estimating and cost information.


More Definitions of Open Book Pricing

Open Book Pricing means a contract for goods or services in which (a) the parties define the costs to be paid and (b) the markups that the ESP may add to these costs. The project is then invoiced to the Entity based on the actual costs incurred plus the agreed markups.
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Open Book Pricing means a contract for goods or services in which the
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Related to Open Book Pricing

  • Catalog Pricing and Pricing Requirements

  • Level V Pricing applies on any day if no other Pricing Level applies on such day.

  • Open Book Data means complete and accurate financial and non-financial information which is sufficient to enable the Customer to verify the Call Off Contract Charges already paid or payable and Call Off Contract Charges forecast to be paid during the remainder of this Call Off Contract, including details and all assumptions relating to: the Supplier’s Costs broken down against each Good and/or Service and/or Deliverable, including actual capital expenditure (including capital replacement costs); operating expenditure relating to the provision of the Goods and/or Services including an analysis showing: the unit costs and quantity of Goods and any other consumables and bought-in services; manpower resources broken down into the number and grade/role of all Supplier Personnel (free of any contingency) together with a list of agreed rates against each manpower grade; a list of Costs underpinning those rates for each manpower grade, being the agreed rate less the Supplier’s Profit Margin; and Overheads; all interest, expenses and any other third party financing costs incurred in relation to the provision of the Services; the Supplier Profit achieved over the Call Off Contract Period and on an annual basis; confirmation that all methods of Cost apportionment and Overhead allocation are consistent with and not more onerous than such methods applied generally by the Supplier; an explanation of the type and value of risk and contingencies associated with the provision of the Goods and/or Services, including the amount of money attributed to each risk and/or contingency; and the actual Costs profile for each Service Period.

  • DAILY LOG BOOK means the format as may be certified by the Company's Engineer on a day-to-day basis during the tenure of this Agreement.

  • Level I Pricing applies on any day on which the Borrower’s long-term debt is rated A+ or higher by S&P or A1 or higher by Moody’s.

  • Applicable Pricing Grid means the table set forth on Schedule 1.1C.

  • Open Item List means a list of work activities, Punchlist items, changes or other issues that are not expected by Owner and Contractor to be complete prior to Substantial Completion.

  • Spread pricing means the model of prescription drug pricing in which the pharmacy benefits

  • Applicable Pricing Level means, (a) for the Initial Pricing Period, Pricing Level II, and (b) thereafter, the pricing level set forth below opposite the Debt Rating achieved by Borrower as of the first day of that Pricing Period: I Greater than or equal to Aa3 / AA- II Less than Aa3 / AA- but greater than or equal to A1/A+ III Less than A1/A+ but greater than or equal to A2/A IV Less than A2/A but greater than or equal to A3/A- V Less than A3/A- provided that in the event that the then prevailing Debt Ratings are “split ratings”, Borrower will receive the benefit of the higher Debt Rating, unless the split is a “double split rating” (in which case the pricing level applicable to the middle Debt Rating will apply) or a “triple split rating” (in which case the pricing level applicable to the Debt Rating above the Debt Rating applicable to the lowest pricing level will apply). For purposes hereof, a Debt Rating is only a “split rating” if the Debt Rating applies to a different pricing level.

  • Level III Pricing applies on any day on which (i) the Borrower’s long-term debt is rated A- or higher by S&P or A3 or higher by Moody’s and (ii) neither Level I Pricing nor Level II Pricing applies.

  • Reliability Pricing Model Auction or “RPM Auction” shall mean the Base Residual Auction or any Incremental Auction, or, for the 2016/2017 and 2017/2018 Delivery Years, any Capacity Performance Transition Incremental Auction.

  • Level IV Pricing applies on any day on which (i) the Borrower’s long-term debt is rated BBB+ or higher by S&P or Baa1 or higher by Moody’s and (ii) none of Level I Pricing, Level II Pricing or Level III Pricing applies.

  • Level II Pricing applies on any day on which (i) the Borrower’s long-term debt is rated A or higher by S&P or A2 or higher by Moody’s and (ii) Level I Pricing does not apply.

  • Reliability pricing model or "RPM" means PJM's capacity-

  • Daily Exchange Value means, for each of the 20 consecutive Trading Days during the Observation Period, one-twentieth (1/20) of the product of (a) the applicable Exchange Rate and (b) the Daily VWAP of the Common Stock (or the Reference Property, if applicable) on such day.

  • CREFC® Loan Level Reserve/LOC Report The monthly report in the “CREFC® Loan Level Reserve/LOC Report” format substantially in the form of and containing the information called for therein for the Mortgage Loans, or such other form for the presentation of such information as may be approved from time to time by the CREFC® for commercial mortgage securities transactions generally.

  • Day-ahead Scheduling Reserves Market means the schedule of commitments for the purchase or sale of Day-ahead Scheduling Reserves developed by the Office of the Interconnection as a result of the offers and specifications submitted in accordance with Operating Agreement, Schedule 1, section 1.10 and the parallel provisions of Tariff, Attachment K-Appendix.

  • Average Daily Availability means the average daily Availability for the immediately preceding Fiscal Quarter.

  • Baseline Schedule means the initial time schedule prepared by Contractor for Owner’s information and acceptance that conveys Contractor’s and Subcontractors’ activities (including coordination and review activities required in the Contract Documents to be performed by A/E and ODR), durations, and sequence of work related to the entire Project to the extent required by the Contract Documents. The schedule clearly demonstrates the critical path of activities, durations and necessary predecessor conditions that drive the end date of the schedule. The Baseline Schedule shall not exceed the time limit current under the Contract Documents.

  • Approved List means Securities followed by the Global Fundamental Research Group and tracked on the Approved List. Securities may be added, removed, or undergo periodic ratings changes.

  • Prices & Rates Schedule means the Schedule containing details of the Contract Price.

  • CMSA Loan Level Reserve/LOC Report means the monthly report substantially in the form of, and containing the information called for in, the downloadable form of the "Loan Level Reserve/LOC Report" available as of the Closing Date on the CMSA Website, or such other form for the presentation of such information and containing such additional information as may from time to time be approved by the CMSA for commercial mortgage securities transactions generally.

  • Reference Schedule means the reference schedule in Part A of this Invitation

  • Quarterly (1/Quarter) sampling frequency means the sampling shall be done in the months of March, June, August, and December, unless specifically identified otherwise in the Effluent Limitations and Monitoring Requirements table.

  • Adjusted Daily Simple SOFR means an interest rate per annum equal to (a) the Daily Simple SOFR, plus (b) 0.10%; provided that if the Adjusted Daily Simple SOFR as so determined would be less than the Floor, such rate shall be deemed to be equal to the Floor for the purposes of this Agreement.

  • Open session means a meeting which is held in a place reasonably accessible to members of the public and open to all cit- izens at all times. In the case of a state governmental body, it means a meeting which is held in a building and room thereof which enables access by persons with functional limitations, as defined in s. 101.13 (1).