Cost Tracking Sample Clauses

The Cost Tracking clause establishes procedures for monitoring and recording expenses incurred during the performance of a contract. It typically requires the contractor or service provider to maintain detailed records of all costs, such as labor, materials, and overhead, and may mandate regular reporting or audits to ensure transparency. This clause's core function is to provide accountability and enable both parties to verify that expenditures align with the agreed budget, thereby preventing disputes over costs and promoting financial control throughout the project.
Cost Tracking. Consultant has provided an estimated breakdown of costs, included in Exhibit C (Estimated Budget for Scope of Work). Exhibit C will only be used as a tool to monitor progress of work and budget. Actual payment will be made as specified in Paragraph 4.2 above.
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Cost Tracking. Provide construction cost estimates (IGE), based upon IRS-approved Design Intent Drawings. Provide final (bid or negotiated) construction costs obtained from the lessor/contractor, based upon IRS-approved Construction Documents. Pricing is required within ten days following approval of the design or construction drawings. Additional competition and/or value engineering may be required if costs exceed the project budget (or general allowance for new occupancy TIs). For new IRS occupancies, require the lessor/contractor to provide a cost breakdown of shell and TI pricing, according to the GSA RLP. An Excel tracking tool for this purpose is provided in Attachment 1 TI Cost Proposal Sample. Use this format or one with equal information and organization. Acceptance of final pricing by the IRS PM and issuance of a Notice to Proceed (NTP) by the Contracting Officer (or COTR for delegated buildings) shall establish the cost ceiling for construction. Requests for additional funding must be submitted by Change Order to the IRS PM for approval prior to performing the additional work or to incurring related expenses. LESSOR: GOVERNMENT:
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Cost Tracking. The Finance Team shall establish an agreed mechanism, consistent with Exhibit A, the Accounting Standards and the standard practices of the Parties, for tracking of Collaboration Costs and comparing such expenses to the Budgeted Costs for the applicable period, by Party. Collaboration Costs shall, at a minimum, be tracked by expense category, on a Product-by-Product basis, and to the extent feasible, on an indication-by-indication basis. **** Certain information on this page has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to the omitted portions.
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Related to Cost Tracking

  • Program Monitoring The Contractor will make all records and documents required under this Agreement as outlined here, in OEC Policies and NHECC Policies available to the SRO or its designee, the SR Fiscal Officer or their designee and the OEC. Scheduled monitoring visits will take place twice a year. The SRO and OEC reserve the right to make unannounced visits.

  • Program Management 1.1.01 Implement and operate an Immunization Program as a Responsible Entity 1.1.02 Identify at least one individual to act as the program contact in the following areas: 1. Immunization Program Manager;

  • Network Interconnection Architecture Each Party will plan, design, construct and maintain the facilities within their respective systems as are necessary and proper for the provision of traffic covered by this Agreement. These facilities include but are not limited to, a sufficient number of trunks to the point of interconnection with the tandem company, and sufficient interoffice and interexchange facilities and trunks between its own central offices to adequately handle traffic between all central offices within the service areas at a P.01 grade of service or better. The provisioning and engineering of such services and facilities will comply with generally accepted industry methods and practices, and will observe the rules and regulations of the lawfully established tariffs applicable to the services provided.

  • Revenue Metering The Connecting Transmission Owner’s revenue metering will be located on the generator side of the 115kV breaker at the ▇▇▇▇▇ Solar Collector Substation and will consist of: • three (3) combination current/voltage transformer (“CT/VT”) units (manufacturer and model ABB/▇▇▇▇▇▇▇ KXM-550, GE Grid Solutions KOTEF ▇▇▇.▇▇, or other equivalent specified by Connecting Transmission Owner); and • one (1) revenue meter. The ratios of the CTs and VTs will be provided by Connecting Transmission Owner upon its review of the Interconnection Customer’s design documents. (Note: Connecting Transmission Owner’s revenue metering CTs and VTs cannot be used to feed the Interconnection Customer’s check meter.) SERVICE AGREEMENT NO. 2556

  • Network Interconnection Methods 3.1 The Interconnection provided herein may not be used solely for the purpose of originating a Party’s own interexchange traffic.