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The List Cost represents a charge inclusive of the impacts of volume/tier-based rates while excluding any negotiated discounts, commitment-based discounts or the amortization of upfront charges (one-time or recurring). This cost is denominated in the [Billing Currency](#billingcurrency). The List Cost equals the [Billed Cost](#billedcost) if there are no negotiated or commitment-based discounts against the resource and/or service. It is used to calculate savings based on rate optimization activities, by comparing it with [Effective Cost](#effectivecost).
The List Cost represents a charge inclusive of the impacts of volume/tier-based rates while excluding any negotiated discounts, commitment-based discounts or the amortization of upfront charges (one-time or recurring). This cost is denominated in the [Billing Currency](#billingcurrency). The List Cost equals the [Billed Cost](#billedcost) if there are no negotiated nor commitment-based discounts against the resource and/or service. It is used to calculate savings based on rate optimization activities, by comparing it with [Effective Cost](#effectivecost).
The ListCost column MUST be present in the billing data. This column MUST be a valid numeric value of type Decimal and MUST NOT contain null values. When a [ListUnitPrice](#listunitprice) is not null, multiplying the ListUnitPrice by [QuantityInPricingUnit](#quantityinpricingunit) MUST produce the ListCost. In cases where the ListUnitPrice is null, the following applies:
