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What does Defined Cost include?

+1 vote

What does Defined Cost include?

asked Oct 10, 2012 in Payment by BuiltIntelligence (870 points)  

1 Answer

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Best answer

It includes: amounts calculated using percentages and rates outlined in the Contract Data; amounts at competitively tendered prices; and any rebates and taxes which can be recovered (see Clause 52.1).

answered Oct 10, 2012 by BuiltIntelligence (870 points)  
edited Oct 24, 2012 by Rob Glasspool