Cost Effective Clause Samples

Cost Effective. Achieving the desired goal with minimum expenditures.

Cost Effective. All customers will have access to a system that minimizes costs, enhances the participation of employers and job seekers served through the system and does not duplicate services.

Cost Effective. The manufacturing process for a successful formulation must be implementable at commercial scale in a developing world manufacturing setting.

Cost Effective. Arbitration fees/ expenses and litigation expenses incurred by Central Public Sector Enterprises (CPSEs) in India on Arbitration and litigations during 2014-15 and 2015-16 are as under [11]: 2014-15 1347 717.09 2014-15 38,381 144.25 2015-16 39,849 163.24 From the above table it can be seen that the litigation expenses incurred by simply 50 CPSEs during 2014-15 and 2015-16 were more than 850 crores each year this figure is alarming. On the other hand, Conciliation is significantly cheaper than adjudicatory method of dispute settlement. Unless, the parties to the dispute agrees otherwise, the costs of the conciliation proceedings are borne equally between them. In a court case, normally the parties are require to pay: Court Fee while filing the case and then Advocate Fee and Senior Advocate Fee (if engaged) for years together till the conclusion of the matter. Since, a case normally prolong for number of years altogether, the travelling and other ▇▇▇▇▇ expenses involved in attending the hearings accumulate to the huge cost. Similarly, in an arbitration matter, the parties are require to shell out money in the way of Arbitrators Fee, Advocate Fee, Venue charges (ad- hoc arbitrations)/ Administrative expenses (Institutional arbitration) during the lifetime of the arbitration matter, which most likely lands into the court of law by way of a challenge to the arbitral award. Such a challenge, again involve fresh cost as a court litigation. Thus, arbitration simply surges the entire cost of litigation by including the cost of arbitration in the cost of court case. On the other hand, the cost involved in the Conciliation method simply includes (i) The reasonable fees of the conciliator (ii) The travel and other out-of-pocket expenses of the conciliator and (iii) the cost of arranging the meeting venues. Moreover, these costs are also normally shared between the parties in an equal proportion. The entire cost involved in conciliation proceedings is much lesser than cost involved/incurred in litigation and arbitration proceedings.

Cost Effective. The simplicity of the model ensures the need of a low level of resources and dedication of the NPL for its diagnosis, implementation and continuous improvement.

Cost Effective. During this contract period the council shall ensure 100% cost effective compliance in project implementation. Procurement procedures and funds disbursement affects the completion rate. However, the council targets 100% completion rate.

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Cost Effective. Compared to crime analysis technology, the technology requires no additional hardware or software, no additional staff, and no maintenance contracts. It directly integrates with an agency’s existing Records Management System.

Cost Effective. Achieving the desired goal with minimum 13 expenditures.