cost recovery


Also found in: Financial, Acronyms.

cost recovery

A payment demanded by a professional licensing board from a practitioner found to have violated standards of practice. The fee is a reimbursement to the board for the expenses it incurs during the investigation and prosecution of its case against the practitioner.
References in periodicals archive ?
Some in the metalcasting and manufacturing sectors are concerned the proposal on capital cost recovery could have a negative impact on manufacturers.
In most cases, customers lose money under these rate-setting policies, which might more accurately be called 'advanced cost enhancement' rather than 'advanced cost recovery.
AIMS policy director Norman Bagley, said: "How right we have been to put our efforts into opposing full cost recovery rather than taking up the FSA challenge of throwing money at developing an alternative control system.
About Matrix Cost Recovery Services: Together with their comprehensive list of alliance partnerships Matrix Cost Recovery Services is bringing their substantial capabilities to bear in order to help companies improve their bottom.
He said there have been a couple of weather-related crashes where the insurance companies assign blame, but the town has given drivers a break by not forwarding reports to Cost Recovery.
If the public must pay for the full cost of parking on a public street, then the mayor should pay the full cost for his vast communications staff, which seems to have no other purpose than to make the mayor look and sound good -- and perhaps come up with specious terms like "full cost recovery.
In any event, the Cooper decision likely will require greater governmental involvement in cleanup projects, to protect the ability to obtain cost recovery from other potentially responsible parties.
Although Construction Cost Recovery regularly prepares post-construction cost seg studies, it requires more time to analyze all of the invoices along with cost estimating to "reconstruct" the allocations.
He is part of the steering committee of the Cost Recovery Action Group formed to push for depreciation reform.
Junior Health minister, Lord Hunt of Kings Heath said, in a Lords written answer, that "priority is given to supplying the NHS, but some excess human tissue, for example skin and heart valves may be exported to recognised medical institutions on a cost recovery basis.
We believe that our proposal for a revised system of cost recovery for Class 13 assets will reduce resources devoted by.
The American Bar Association (ABA) believes that you and your client must have a written agreement about cost recovery that details the rates charged.