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English to Italian translations [PRO] Bus/Financial - Finance (general)
English term or phrase:cost avoidance
IT (Cost Avoidances)
Annual Maintenance Increase Waived
This covers instances where a supplier agrees to waive a maintenance price increase.
(Maintenance $ increase per license)* No of Licenses
xxx signs a 3 yr contract with yyy with annual maintenance of $5 per license. As per contract terms maintenance fee can increase by 3% in each year of the contract. However in year 2 xxx is able to negotiate with the supplier not to increase the maintenance fee by the contractually allowed 3%.
As there is no incremental change in price from year 1 to year 2 the $0.15 per license is cost avoidance.