Common use of Cost Eligible for Reimbursement or Matching Requirements Clause in Contracts

Cost Eligible for Reimbursement or Matching Requirements. Reimbursement for costs or availability for costs to meet matching requirements shall be limited to the following budget categories, as defined in the Reference Guide for State Expenditures, as indicated: ☒ ☒ Salaries/Wages Overhead/Indirect/General and Administrative Costs: ☒ ☒ a. Fringe Benefits, which shall be calculated at the rate of 40% of direct salaries. ☒ ☒ b. Indirect Costs, which shall be calculated at the rate of 15% of direct costs. ☒ ☒ Contractual (Subcontractors) ☐ ☐ Travel, in accordance with Section 112, F.S. ☐ ☐ Equipment ☒ ☒ Rental/Lease of Equipment ☒ ☒ Miscellaneous/Other Expenses ☐ ☐ Land Acquisition

Appears in 2 contracts

Sources: Grant Agreement, Standard Grant Agreement