Recurrent Costs definition

Recurrent Costs means the reasonable costs of salaries, allowances, and related costs of teachers and other education staff of public primary, elementary and secondary schools, as well as district and sub-divisional offices.
Recurrent Costs means expenses in relation to operating costs (communication, telecommunication, gas, office supplies and equipment expenses) incurred by entities participating in the implementation of the Project, training of personnel and strengthening said entities’ capacities, monitoring and evaluation activities and studies, within the Annual Work Plan agreed upon between the Borrower and the Bank and excluding salaries.

Examples of Recurrent Costs in a sentence

  • In no case will the prices for these Software exceed those quoted by the Supplier in the Recurrent Costs tables in its bid.

  • The aggregate amount of such liquidated damages shall in no event exceed the amount often (10) percent of the Contract Price (exclusive of Recurrent Costs if any).

  • The aggregate amount of such liquidated damages shall in no event exceed the amount of ten (10) percent of the Contract Price (exclusive of Recurrent Costs if any).

  • It should be set as no more than ten (10) percent of the Contract Price, excluding Recurrent Costs.

  • Note: An appropriate amount for the Performance Security for a (three-year) Warranty Period would be between one (1) and two and a half (2.5) percent of the Contract Price, exclusive of the Recurrent Costs.


More Definitions of Recurrent Costs

Recurrent Costs means salary payments payable to personnel of the SES scheme under the Project in line with guidelines set by the Program Implementation Committee referred to in paragraph 6 (c) of Section I of Schedule 2 to this Agreement.
Recurrent Costs means the salaries, salaries supplements and overhead paid by the Recipient to civil servants seconded to the NTCMU and TTFU; and
Recurrent Costs means all relevant costs of necessary goods such as spare parts, labour, etc., needed for the continued and proper operation of the system
Recurrent Costs means operating expenses including salaries and travel expenses of Project staff for climate change resilience promotion activities.
Recurrent Costs means expenditures related to operating costs, salaries and allowances.
Recurrent Costs under Category VII, shall mean eligible expenditures incurred at all levels for recurrent operating and maintenance costs in relation to the project such as unities, vehicle maintenance, office supplies and audit fees.
Recurrent Costs means costs which are not of a capital cost nature and which will recur over a period of time; “Reference Exchange Rate” means on any Business Day and in respect of the sale of an amount of US Dollar for Rupees, the quotation given by the Project Company Nominated Bank for the sale of such amount of United States Dollars for Rupees; “Reimbursable Taxes” means the expenses directly, necessarily and actually borne by the Project Company for the performance of obligation under this Agreement in relation to the Project on account of any and all taxes, duties and levies, including gross receipts, business turnover, use, consumption, property, franchise, occupational, excise duties, customs duties, defence levy, outgoings under the Lease, however imposed, withheld, levied, or assessed in relation to the Project Company’s business in the Wind Farm Facility, by the Government of Sri Lanka, or any governmental instrumentality of Sri Lanka or any other taxation authority in Sri Lanka; but excluding, Sales Taxes, stamp duty, and all taxes, imposts, duties or levies of whatever kind or nature however imposed that the Project Company may become liable to due to the sole default of the Project Company in maintaining the tax concessions available to the Project Company under the BOI concession or in respect of which the Project Company is entitled to a credit or receives an input credit; “Representative” means, with respect to any Person, each director, officer, employee, servant, consultant, agent, or representative of that Person; “Request for Proposals” means request for proposals issued by the CEB for the Project, bearing reference number TR/REP&PM/ICB/2023/009/C dated xxth xxxx 2024;