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Common use of Allowable Cost Clause in Contracts

Allowable Cost. Applicable cost principles and Grant terms shall be followed in determining the reasonableness and allowability of costs. An Indirect Cost rate may not be charged against funds provided pursuant to the Compact, as amended.

Appears in 5 contracts

Sources: Agreement Concerning Procedures for the Implementation of United States Economic Assistance, Agreement Concerning Procedures for the Implementation of United States Economic Assistance, Agreement Concerning Procedures for the Implementation of United States Economic Assistance

Related Clauses

  • Allowable Costs
  • Unallowable Costs
  • Unallowable Costs Defined
  • Allowable Expenses
  • Reimbursable Costs

Parent Clauses

  • STANDARDS FOR FINANCIAL ADMINISTRATION
  • Subrecipient’s Financial Administration
  • Standards for Financial Management Systems
  • Financial Administration
  • Total Project Value

Sub-Clauses

  • Subcontractors
  • Personnel
  • Travel Expenses and Subsistence
  • Other Direct Costs
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