Cost Containment

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Cost Containment

Any act or strategy that attempts to reduce a company's spending. Limiting use of the corporate credit card by managers or disallowing personal long distance phone calls are both examples of cost containment.
References in periodicals archive ?
He added: "The impact loads the containment would receive by this very rapid release of energy could tear the containment apart and create an uncontrolled release."
and gas containment capacity to greater than 50,000 barrels per day and should
The drafting group was adamant that, based on the information it had reviewed, only a total containment system for loads of crushed cars would be acceptable.
Several practical nonpharmaceutical containment steps need to be considered.
The Unit 3 shield building is now more than 80 percent complete as the construction team moves closer to completion of the protective barrier that surrounds the Unit 3 containment vessel.
'The successful installation of the outer containment dome will speed up nuclear cooperation between China and countries and regions participating in the Belt and Road Initiative, boosting confidence in China's Hualong One technology.'
Since then SPI has evolved into a leader in producing state-of-the-art Oil Spill Containment products and systems for utility companies, municipalities, Industrial, transportation and other privately held business.
In addition, the trend has prompted manufacturers to search for faster, less labor intensive ways of verifying the efficacy of their containment systems.
Since the global withdrawal of type 2-containing OPVs in 2016, PV2 (WPV2, VDPV2, and OPV2) must be retained under stringent containment conditions (6).
10 July 2018 - New York, US-based environmental containment company Extreme Plastics Plus has merged with Texas, US-based oil and gas energy company Mustang Energy Services to create an environmental containment services group, the company said.
However, in a hypothesized scenario of containment bypass, even if the containment building is not ruptured, fission products can be released to the environment.
Since the high-speed railway was induced in Korea, "derailment containment walls" have been constructed to mitigate and minimize accident damage by preventing trains from colliding with catenary poles or falling under a bridge when they are derailed by earthquake, buckling, or defects in tracks/trains in bridge sections.
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