Common use of Cost Thresholds Clause in Contracts

Cost Thresholds. Up to twenty percent (20%) of the costs invoiced may be used for other costs incurred. Costs invoiced exceeding this threshold are unallowable and will be the responsibility of the FSMC and not the SFA. Reporting: FSMC will need to provide detailed statement of the following costs: Direct labor costs in preparing and serving produce Small supply costs, such as napkins, plates, utensils, peelers, knives, cutting boards, etc. Small equipment costs (< $250), such as carts, shelving, etc.