An FDA term meaning a person that assumes, as an independent contractor with the sponsor, one or more of the obligations of a sponsor, e.g., design of a protocol, selection or monitoring of...
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Normally refers to the pricing term of the agreement between a buyer and a seller. Thus, a contract may be a “fixed-price,” “cost-plus” type or a “cost reimbursement” type.
Engaging in contractual relationships with one or more parties.
A person who agrees to furnish goods or services for a certain price; may be a prime contractor or subcontractor.
The combining of requirements of two or more organizations or companies to obtain the benefits of volume purchases and/or reduction in administrative expenses. Most often used in the public sector...
Corporate governance is the set of processes, customs, policies, laws, and institutions affecting the way a corporation is directed, administered or controlled. Corporate governance also includes...
A term coined by Oliver Williamson that describes corporate hierarchy structure with high administrative control and a legal system that is "deferential to the management."
Efforts to contribute to a better world, a better environment and better labor conditions. The idea is to develop solutions in such a way that requirements of the current world population are met...
In cost accounting, the examination, quantification, and explanation of the effects of cost drivers. The results are often used for continuous improvement programs to reduce throughput times,...
An important type of soft benefit. A cost reduction opportunity that results from an intentional action, negotiation or intervention. The practice of avoiding of costs that could otherwise have...