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The new contract has generally been seen as a win for the union, as it addresses all of the issues they had had with the company's original proposals. At the same time, the union estimates that the strike cost the company millions of dollars, with the company posting a $49.2 million loss for the second quarter of 2021.
Shell Chemical Plant (Motiva Enterprises), Norco, Louisiana The U.S. refinery strike widened on February 20, 2015, with workers at the nation's largest refinery walking off jobs. Shortly after talks between union and oil company representatives ended on the night of the 20th, the union notified Motiva Enterprises of a strike by its members at ...
The US Truth in Negotiations Act 1962 ("TINA") requires that contractors submitting bids should supply certified cost or pricing data before an agreement on price for most negotiated procurements for government contracts worth more than $750,000 for prime contracts awarded before July 1, 2018, and $2 million for prime contracts awarded on or ...
A cost-plus contract, also termed a cost plus contract, is a contract such that a contractor is paid for all of its allowed expenses, plus additional payment to allow for risk and incentive sharing. [1] Cost-reimbursement contracts contrast with fixed-price contract, in which the contractor is paid a negotiated amount regardless of incurred ...
Cooperative bargaining is a process in which two people decide how to share a surplus that they can jointly generate. In many cases, the surplus created by the two players can be shared in many ways, forcing the players to negotiate which division of payoffs to choose.
Royal Dutch Shell is looking to slash up to 40% off the cost of producing oil and gas in a major drive to save cash so it can overhaul its business and focus more on renewable energy and power ...
Before the contract expiration, SurePost packages could be delivered by UPS or USPS to the 48 US states, Alaska, Hawaii, Puerto Rico, all U.S. Territories, PO Boxes and Military APO/FPO ...
A tender announcement from the Indonesian Ministry of Finance. An invitation to tender (ITT, also known as a call for bids [1] or a request for tenders) is a formal, structured procedure for generating competing offers from different potential suppliers or contractors looking to obtain an award of business activity in works, supply, or service contracts, often from companies who have been ...