Meanwhile, for the Metro Manila Priority Bridges Seismic Improvement Project, the ICC Cabcom approved an 84-percent project cost increase
to P3.64 billion.
Given Georgia Power Company's (GPC) announcement in 2018 that it will not seek to recover its share of the most recent cost increase
in rates, rate flexibility may decrease.
However, other factors such as the strong dollar vs all currencies including Philippine peso, fuel cost increase
, labor cost increase
and tin can cost increase
will put pressure on our costs," Buencamino said.
GAAP gross margin for the second quarter of 2013 was 20.0%, compared to 38.5% for the second quarter of 2012, mainly due to the depreciation of the Japanese yen and additional loss provision in India due to an increase in the estimated cost to complete a project resulting from a cost increase
by a service provider in conjunction with its final contract renewal.
However, oil change frequency decreased, from 7,752 to 8,850 miles, lessening the total impact of the cost increase
The rate of increase in local construction costs for 2011 is roughly equivalent to the national average, which indicates that much of the cost increase
here is attributable to rising material costs.
Just under two thirds of the cost increase
occurred before the start of the main construction work, auditor general Huw Vaughan Thomas said.
Mike McColl, managing director of Isoclad, said: "Our business was facing a 55% cost increase
, which would have been very difficult to absorb.
The authors found that under the scheme, the likely cost increase
for these small-to-medium enterprises (SMEs) would be minor, and not a 'big new tax', as claimed by the Opposition.
This may isolate a state that appears to have a cost increase
exceeding what is typical.
Karim Amrane, AHRI's vice president for regulatory policy and research, testified in June during a public meeting that the DOE severely underestimated the cost increase
from a 10 SEER (seasonal energy-efficiency ratio) to a 13 SEER system.
For the September 2007 reporting period, there was a net cost increase
of $7,653.5 million (+ 0.5 percent), due primarily to revised cost estimates for the Armed Reconnaissance Helicopter and the C-5 Reliability Enhancement and Reengining Program.