Cost-recovery Basis


Cost-recovery Basis :

A formally agreed situation under which an organisation can charge another organisation for providing a service, to ensure that the providing organisation does not make a financial loss in providing the service. It is usually agreed that no surplus or profit can be made by the organisation providing the service. (Civil Contingencies Secretariat)

No records Found
afaatim.com copyright © April 2016 Dr.K.R.Kamaal. All rights reserved