Difference between revisions of "Policy1test"
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|BACKGROUND=through its subsidiaries, conducts extensive business with the US Government (USG), both directly with US military agencies (and other government agencies), and indirectly through prime contractors. As a result, Cobham is subject to the provisions of numerous USG contracting rules and regulations, including | |BACKGROUND=through its subsidiaries, conducts extensive business with the US Government (USG), both directly with US military agencies (and other government agencies), and indirectly through prime contractors. As a result, Cobham is subject to the provisions of numerous USG contracting rules and regulations, including | ||
|PURPOSE=through its subsidiaries, conducts extensive business with the US Government (USG), both directly with US military agencies (and other government agencies), and indirectly through prime contractors. As a result, Cobham is subject to the provisions of numerous USG contracting rules and regulations, including | |PURPOSE=through its subsidiaries, conducts extensive business with the US Government (USG), both directly with US military agencies (and other government agencies), and indirectly through prime contractors. As a result, Cobham is subject to the provisions of numerous USG contracting rules and regulations, including | ||
− | |DEFINITIONS=3.1. Capitalized terms used in this Policy but not defined in this Policy shall have the meaning given to them in the Corporate Framework. | + | |DEFINITIONS=3.1. Capitalized terms used in this Policy but not defined in this Policy shall have the meaning given to them in the Corporate Framework. |
− | “Allocate” | + | 3.2. The following terms are defined as follows: |
+ | |||
+ | '''“Allocate”''' means to assign an item of cost, or a group of items of cost, to one or more cost objectives. This term includes both direct assignments of cost and the reassignment of a share from an Indirect Cost Pool. | ||