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.

Open Book Pricing means “Open Book Pricing” as set forth in Article 6(H).

Open Book Pricing means as set forth in §6(H).

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 the

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.

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: