Common use of Allowable Uses of Funds Clause in Contracts

Allowable Uses of Funds. These funds shall be used for described services. FSA shall expend all funds received under this Agreement solely for program activities as identified in its application in accordance with eligible program costs identified below: 5.2.01 (i). Direct costs (including salaries/benefits of employees assigned to the program and any services/supplies necessary for the program). 5.2.01 (ii). Indirect costs (these costs are defined by federal standards and Generally Accepted Accounting Principles for the purpose of allocating allowable indirect costs to a program).

Appears in 3 contracts

Sources: Funding Agreement, Funding Agreement, Funding Agreement

Allowable Uses of Funds. These funds shall be used for described services. FSA shall expend all funds received under this Agreement solely for program activities as identified in its application in accordance with eligible program costs identified below: 5.2.01 (i)6.2.01. Direct costs (including salaries/benefits of employees assigned to the program and any services/supplies necessary for the program). 5.2.01 (ii)6.2.02. Indirect costs (these costs are defined by federal standards and Generally Accepted Accounting Principles for the purpose of allocating allowable indirect costs to a program).

Appears in 3 contracts

Sources: Grant Agreement, Grant Agreement, Community Service Grant Agreement