Cost Allocation Study
Compliance
Posted On:
November 18, 2024
Closing On:
November 21, 2024
JOB REFERENCE:
JB007-24-03215
Cost Allocation Study
Carrying out a Cost allocation for Horizon Tower Located in Dubai Marina
1. Identification: Identify the asset/service/utility to which the costs have to be assigned.
2. Inspection: Study each cost through desk-based review and onsite inspection to understand the dynamics of each cost.
3. Classification: Accumulating the costs in different pools, such as by function.
4. Methodology: Identifying the most appropriate basis/method for allocating the cost.
5. Allocation: Allocating costs/percentages (share cost) to the appropriate department/division based on the appropriate method.
6. Reporting: Final report detailing our findings and recommendations.
Components of the property to be included in the Cost Allocation Study:
1. Residential - 174
2. Retail - 1
No private/extra parking
Terms & Condition
No Subcontracting: In accordance to Jointly Owned Property Law No.6,2019, Notwithstanding anything in this Agreement, the vendor/contractor may not use any subcontractor to perform any of his obligations under this work order. Unless:
(a) Vendor has obtained the prior written consent of SAGA to the use of the subcontractor, and
(b) Vendor has entered into a separate written agreement with the subcontractor which requires the subcontractor to agree to and abide by all the terms and conditions of this Agreement.
The Community shall be deemed to be a third-party beneficiary of any such agreement between the vendor and a permitted subcontractor.
Notwithstanding the foregoing, the vendor shall not be relieved of any of its duties or obligations under this Agreement as a result of entering into a written agreement with a permitted subcontractor.
Payment will be done after work completion upon submitting the invoice along with work completion/service reports/warranty certificates.
APPLY NOW
SAGA International
Horizon Tower Jointly Owned Property
ResidentialHorizon Tower Dubai Marina, Dubai, United Arab Emirates