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Wettbewerbsvergütung

English translation: reimbursement of expenses (incurred by bidders)


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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
German term or phrase:Wettbewerbsvergütung
English translation:reimbursement of expenses (incurred by bidders)
Entered by: Catherine Knight
Options:
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- Include in personal glossary

17:44 Jun 29, 2011
German to English translations [PRO]
Marketing - Advertising / Public Relations / trade fair stands
German term or phrase: Wettbewerbsvergütung
Can anyone help with a translation of "Wettbewerbsvergütung" as on the following website?
http://www.famab.de/famab/press/pressreleases/detail.html?id...

I'm translating a list of potential cost factors to be considered when preparing to exhibit at a trade fair, so I'm looking for a short, equivalent term in English. I think the situation described on the website above is the context meant.

Thank you.
Catherine Knight
Germany
Local time: 14:10
reimbursement of expenses
Explanation:
... incurred by bidders

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Note added at 55 mins (2011-06-29 18:40:24 GMT)
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From your context:
"Doch mit welchen ***Kosten*** muss ein Auftraggeber bei so einer Wettbewerbspräsentation rechnen? Hier hilft der Ratgeber „Wettbewerbsvergütung“ von FMA und FDA. Anhand von wenigen Kriterien kann der Aussteller schnell ermitteln, ob er pro Wettbewerbsteilnehmer 1.000 oder 3.000 oder sogar 10.000 Euro einkalkulieren muss."
Selected response from:

Andrew Swift
United Kingdom
Local time: 13:10
Grading comment
Many thanks, Andrew, for your helpful suggestion and thorough research.
Thanks to everyone else who contributed, too.
4 KudoZ points were awarded for this answer



Summary of answers provided
4 +1reimbursement of expensesAndrew Swift
3reimbursement of costs and expenses
Raghunathan
3Tender fee
SCarlson


  

Answers


14 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5
Tender fee


Explanation:
The fee paid to enter a bid

SCarlson
Local time: 15:10
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 4
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35 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +1
reimbursement of expenses


Explanation:
... incurred by bidders

--------------------------------------------------
Note added at 55 mins (2011-06-29 18:40:24 GMT)
--------------------------------------------------

From your context:
"Doch mit welchen ***Kosten*** muss ein Auftraggeber bei so einer Wettbewerbspräsentation rechnen? Hier hilft der Ratgeber „Wettbewerbsvergütung“ von FMA und FDA. Anhand von wenigen Kriterien kann der Aussteller schnell ermitteln, ob er pro Wettbewerbsteilnehmer 1.000 oder 3.000 oder sogar 10.000 Euro einkalkulieren muss."

Andrew Swift
United Kingdom
Local time: 13:10
Native speaker of: Native in EnglishEnglish
PRO pts in category: 123
Grading comment
Many thanks, Andrew, for your helpful suggestion and thorough research.
Thanks to everyone else who contributed, too.

Peer comments on this answer (and responses from the answerer)
neutral  Helen Shiner: It generally goes beyond expenses and has to do with rights transfers because of (intellectual) copyright associated with design.//I think I would want to ask the client what was included in this sum - said in your doc to be a Teil-Aufwandsentschädigung.
1 hr
  -> "Der Auftraggeber erwirbt damit kein Nutzungsrecht": www.famab.de/global/download.html?id=223836 // Raghunathan thinks there might be 'costs' involved as well as 'expenses'. What do you think, Helen?

agree  Nicole Schnell: Exactly. Especially in trade show design, presentations require elaborate 3D models. Back in Germany, a minimum fee of 10.000 as reimbursement used to be standard.
7 hrs
  -> Thanks, Nicole. It looks like I forgot to mention those pesky 'costs' (see below).
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7 hrs   confidence: Answerer confidence 3/5Answerer confidence 3/5
reimbursement of costs and expenses


Explanation:
The doublet costs and expenses occurs routinely in contracts. Here’s an example selected at random from the SEC’s EDGAR database:

If action is instituted to collect this Note, the Company shall pay all costs and expenses, including, without limitation, reasonable attorneys’ fees and costs, incurred in connection with such action.

Black’s Law Dictionary gives the following definitions for cost and expense:

cost, n. 1. The amount paid or charged for something; price or expenditure. Cf. EXPENSE. 2. (pl.) The charges or fees taxed by the court, such as filing fees, jury fees, courthouse fees, and reporter fees. — Also termed court costs. 3. (pl.) The expenses of litigation, prosecution, or other legal transaction, esp. those allowed in favor of one party against the other. • Some but not all states allow parties to claim attorney’s fees as a litigation cost. — Also termed (in sense 3) litigation costs.

expense, n. An expenditure of money, time, labor, or resources to accomplish a result; esp., a business expenditure chargeable against revenue for a specific period. Cf. COST (1). — expense, vb.


    Reference: http://www.adamsdrafting.com/2007/06/06/costs-and-expenses/
Raghunathan
Local time: 17:40
Native speaker of: Native in EnglishEnglish
PRO pts in category: 3
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