The first step is to hypothetically reapply the PCM to all long-term contracts completed or adjusted in the current year using actual (rather than estimated) total contract price
and contract costs (Regs.
This facility has a contract price
of $330,000 and twenty-three employees formerly worked there.
Security for performance of the contract 5% of the contract price
That gave the Oman contract price
a narrower margin with paper Brent and an added premium over July WTI, as the sour crude was seen by Asian buyers as a good value.
However, a Melbourne-based analyst points out that, as quarterly prices are generally calculated on the previous quarter's average index price, the new contract price
could be "where the market was, rather than where it currently is.
Taxpayers include in income a portion of the total contract price
based on costs incurred and allocable to the long-term contract.
The Fukuoka District Court ordered five major Japanese machinery makers Tuesday to repay 2,088 million yen, or 7 percent of the contract price
, to the city government of Fukuoka for rigging bids for a city incinerator construction project.
The contract price
is reset each year in October based on the previous twelve-month changes in the basket of indices.
company - one to purchase products from Japan at a contract price
of 1,000 yen, and a second to purchase products at a contract price
The client felt it was part of the overall contract price
and was done to try and land the job.
If the Applegates did not make their demand within one year, the going price as of the end of the year would be the contract price
At that point, the contractor includes the contract price
in its gross income and deducts the related costs incurred in completing the contract.