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

  • 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.

  • Open Book Pricing & Guaranteed Maximum Price (GMAX) We provide complete transparency of all construction costs and professional services fees – including overhead and profit percentages.

  • Contractor agrees that, for each Project, it will not exceed the maximum cost for performing an Investment Grade Audit and maximum project Cost and Pricing Elements for pre-defined categories illustrated in the tables and the Open Book Pricing requirement included in Exhibit 1, which will be attached and made a part of each Investment Grade Audit and Energy Performance Contract.

  • 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.

  • The Work shall be performed in accordance with the requirements set forth in each Job Order and as further specified in Attachment "A" Master Agreement Pricing Coefficients, Attachment "B" Master Agreement Open Book Pricing, and in Attachment “C” Scope of Services of which are incorporated herein and made a part hereof.


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 This is a requirement of the TIPS Contract and is non-negotiable. In this solicitation and resulting contract, "Catalog Pricing" shall be defined as: "The then available list of goods or services, in the most current listing regardless of date, that takes the form of a catalog, price list, price schedule, shelf-price or other viewable format that:

  • 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 Suppliers Costs broken down against each Good and/or Service and/or Deliverable, including actual capital expenditure (including capital replacement costs) and the unit cost and total actual costs of all goods and/or services; operating expenditure relating to the provision of the Services including an analysis showing: the unit costs and quantity of Goods and any other consumables and bought-in goods and/or 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 Suppliers Profit Margin; and Reimbursable Expenses, if allowed under the Call Off Order Form; 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 Services, including the amount of money attributed to each risk and/or contingency; and the actual Costs profile for each Service Period.

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

  • 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.