Common use of Cost Center Clause in Contracts

Cost Center. 3.1 In order to facilitate the control and the follow-up of the Petroleum Costs in accordance with the Contract, all costs must be submitted to OMNIS by budget line item subdivided by principal cost centers in line with the program of works and budgets approved by the management committee. The following provisions shall be defined:

Appears in 2 contracts

Sources: Production Sharing Contract, Production Sharing Contract