Basis for Computing Reimbursable Costs Clause Samples

The "Basis for Computing Reimbursable Costs" clause defines the method and criteria by which a party is entitled to recover certain expenses under a contract. Typically, this clause outlines which costs are eligible for reimbursement, such as direct labor, materials, or travel, and may specify documentation or approval requirements for these expenses. Its core function is to ensure transparency and consistency in cost recovery, thereby preventing disputes over what expenses are allowable and how they should be calculated.
Basis for Computing Reimbursable Costs. Reimbursable costs for this contract will equal costs listed in contract HHS000624400001 Schedule B-1 “CGS and GPCS Software Schedule” Item 1 CGS CMS Medicare APC Grouper with Medicare HOPD Reimbursement (Attachment 1, page 95) as invoiced by 3M to HHSC.
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Basis for Computing Reimbursable Costs. DSHS will be reimbursed by HHSC for services provided in accordance with Texas Government Code §771.007 and as set forth in Attachment A-Budget. DSHS will submit invoices to HHSC in accordance with the requirements stated in section II.A.5 and this Article VI. DSHS will submit invoices to HHSC on a quarterly basis based on the Federal Fiscal Year (FFY) (February 15, May 15, September 15 and November 15). HHSC will pay for services received from appropriation item funds or accounts of HHSC from which like expenditures would normally be paid, in response to duly documented costs of vaccines invoiced to HHSC. The payment of the September invoice will be applied to the prior state fiscal year budget, as all services occurred in the prior fiscal year. The November 15th invoices for each year of the Contract will be split to ensure July and August expenses for the prior state fiscal year are paid out of the prior state fiscal year budget, and the September expenses are paid out of the current state fiscal year.
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Basis for Computing Reimbursable Costs. The basis for calculating the reimbursable costs is the methodology based on actual monthly transaction counts for the prior fiscal year by HHSC’s Programs for the System. (See, for example, Attachment A - RAS Transaction Counts.)
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Basis for Computing Reimbursable Costs. A. Half-time Board-Certified Psychiatric Pharmacist Faculty Member FY 2023: 1. $69.000 annually/ $5,750.00 monthly 2. Fringe Benefits @ 30% of Salary: $20,700.00 annually/ $1,725.00 monthly 3. Travel Supplies $1,000 annually 4. Administrative Fee @ 5% of Total Salary: $4,535.00 annually 5. Total Approved Budget: $95,235.00 annually/ $7,936.25 monthly
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Basis for Computing Reimbursable Costs. 2.01. The basis for computing reimbursable costs under this Contract shall be for actual construction costs incurred by TFC and developed from estimates received from third-party contractors.
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Basis for Computing Reimbursable Costs. (A) HHSC will reimburse UT for actual costs and any noncancelable commitments incurred during the term of and in the performance of this Contract. At the conclusion of each State Fiscal Year, UT agrees to send HHSC a final financial report reflecting UT's expenditures within budget categories and to refund unspent funds, if any, within sixty (60) days of the end date of this Contract. (B) HHSC will make payment to UT in equal monthly installments by State Fiscal Year upon receipt of complete and accurate invoices by UT in accordance to the Prompt Payment Act. UT agrees to maintain, and upon request provide to HHSC, supporting financial information and documents that are adequate to ensure that claims for payment are made in accordance with applicable federal and state requirements and are sufficient to ensure the accuracy and validity of claims for payment. (C) UT will maintain such documents for a period of ten (10) years after the date of submission of the final invoice, or until the resolution of all litigation, claims, financial management review or audit pertaining to this Contract, whichever is longer. UT agrees to timely prepay any undisputed audit exceptions taken by HHSC in any audit of this Contract.
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Basis for Computing Reimbursable Costs. The basis for computing reimbursable costs under this Contract shall be for actual costs incurred by Performing Agency and developed from Medicare Reimbursable Rates. Pursuant to H.B. 2641, 76th Legislature, the Health and Human Services Commission provides Health and Human Service agencies executive oversight and coordination as it administers human resources, legal, enterprise budget forecasting, rate setting, strategic decision support, information technology, system support services, and communications, as well as Office of Inspector General from the enterprise perspective. DSHS TCID's share of these costs is categorized as Regional cost pools, Hospital (frozen food), Utilities/Building Maintenance, and all Other Charges. These costs are allocated across the DSHS strategies based on Hospital FTEs, Central/Lab/Total Agency FTEs, and salary dollars, respectively. The oversight will be invoiced to DSHS Budget area and paid as a central billing from the central DSHS Budget and Accounting Offices.
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Basis for Computing Reimbursable Costs. Receiving Agency shall reimburse Performing Agency for costs related to the management and operation of TCR and TCCCP.
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Basis for Computing Reimbursable Costs 
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Related to Basis for Computing Reimbursable Costs

  • Reimbursable Costs 5.3.1. To be considered eligible for reimbursement, costs have to be: • actually incurred, individually identifiable and verifiable, as backed by copies of supporting evidence, as the case may be in the Contractor’s official bookkeeping; this means that no lump sums will be eligible for reimbursement; • necessary in order to perform the tasks as specified in the Terms of Reference (Annex 2); and • cost effective and providing value for money 5.3.2. The following costs are never eligible for reimbursement: • costs for excess baggage; • costs that are covered by the per diem; and • costs that are covered from a source other than this Contract 5.3.3. Travel tickets are reimbursed by EFI up to the cost of economy class level on basis of the most cost efficient itinerary, taking into account ticket price, travel duration, number of connections and safety of the transporting company. 5.3.4. For travel tickets, EFI requires the following documentation as supporting evidence: copies of tickets or electronic reservation, invoices and boarding cards. This documentation must clearly show the class of travel used, the time of travel and the amount paid.

  • CLOSING COSTS AND ADJUSTMENTS All adjustments are made as of settlement date.

  • Non-Reimbursable Expenses In addition to the non-reimbursable items set forth above in this Policy, the following is a non- exhaustive list of expenses that will not be reimbursed by Williamson County: 10.1 Alcoholic beverages/tobacco products 10.2 Personal phone calls

  • Closing Costs The costs attributed to the Closing of the Property shall be the responsibility of ☐ Buyer ☐ Seller ☐ Both Parties. The fees and costs related to the Closing shall include but not be limited to a title search (including the abstract and any owner’s title policy), preparation of the deed, transfer taxes, recording fees, and any other costs by the title company that is in standard procedure with conducting the sale of a property.

  • Closing Costs and Prorations Taxes and assessments for the current year, if any, shall be prorated between the prior owner of the Personal Property and Buyer as of the date of closing. Seller shall pay one-half (½) of Closing Agent’s closing and escrow fees. Buyer shall pay one-half (½) of Closing Agent’s closing and escrow fees. In addition, Buyer shall pay all other closing costs, including but not limited to: (1) recording fees for the cost of recording the State Deed; (2) the cost for any title insurance purchased at Buyer’s option; (3) lender fees, if any, together with all associated recording fees, if any;