Costs of Project Administration Clause Samples

Costs of Project Administration. SEEA agrees to reimburse Recipient for administrative costs consisting only of costs of labor for administrative work conducted exclusively on this Project. Recipient’s requests for such reimbursement shall be made under the Project Administration line item of Exhibit B and shall conform with the following: (i) Costs allowable under the Project Administration line item shall be only costs of labor needed to comply with the general conditions of the Agreement (e.g., progress reports, payment requests, preparing the project final report, revisions to the Agreement). Allowable Project Administration labor costs may include any of the following: (a) pay to Recipient’s payroll employees, plus Recipient’s cost of paying benefits on such pay (usually employees’ pay times an audited or auditable benefits multiplier); (b) pay to contract employees of Recipient (e.g., temporary office support), payable at Recipient’s actual cost, without application of a benefits multiplier; and/or (c) cost of professional services labor contracted by Recipient (e.g., engineering firm or consultant), payable at Recipient’s actual cost for that labor. (ii) Costs of any other work described in the Project Scope of Work in Exhibit A are not allowable under the Project Administration line item.
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Costs of Project Administration. The NCLWF agrees to reimburse the Grant Recipient for administrative costs consisting only of costs of labor for administrative work conducted exclusively on this Project. The Grant Recipient’s requests for such payment shall be made under the Project Administration line item of Exhibit B and shall conform to the following. i. Costs allowable under the Project Administration line item shall be only reasonable costs of labor needed to comply with the general conditions of the Grant Contract (e.g., progress reports, payment requests, preparing the grant contract final report, revisions to the Grant Contract). Allowable Project Administration labor costs may include any of the following: (a) compensation to the Grant Recipient’s employees, plus the Grant Recipient’s cost of paying benefits on such compensation (i.e., employees’ pay times an audited or auditable benefits multiplier); (b) compensation to the Grant Recipient’s independent contractors (e.g., temporary office support), payable at the Grant Recipient’s actual cost, without application of a benefits multiplier; and/or (c) cost of professional services contracted by the Grant Recipient (e.g., engineering firm or consultant), payable at the Grant Recipient’s actual cost. ii. Costs of any other work described in the Project Scope of Work in Exhibit A are not allowable under the Project Administration line item.
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Costs of Project Administration. The Fund agrees to reimburse the Grant Recipient for administrative costs consisting only of labor costs for administrative work conducted exclusively on this Project. The Grant Recipient’s applications to the Fund for reimbursement for Project administrative costs (i.e., under the Project Administration line item of Exhibit B and Exhibit E) shall provide information that supports conformance with this requirement. The Fund considers only the following to be allowable labor costs for Project administration: (i) Pay to payroll employees of the Grant Recipient, plus the Grant Recipient’s cost of paying benefits on such pay (usually employees’ pay times an audited or auditable benefits multiplier). (ii) Pay to contract employees of the Grant Recipient (e.g., temporary office support), reimbursable at the Grant Recipient’s actual cost, without application of a benefits multiplier. (iii) Cost of professional services labor contracted by the Grant Recipient (e.g., engineering firm or consultant), reimbursable at the Grant Recipient’s actual cost for that labor.
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Costs of Project Administration. The Fund agrees to reimburse the Grant Recipient for administrative costs consisting only of labor costs for administrative work conducted exclusively on this Project. The Grant Recipient’s applications to the Fund for reimbursement for Project administrative costs shall provide information that supports conformance with this requirement. The Fund considers only the following to be allowable labor costs for Project administration: (i) Pay to payroll employees of the Grant Recipient, plus the Grant Recipient’s cost of paying benefits on such pay (usually employees’ pay times an audited or auditable benefits multiplier). (ii) Pay to contract employees of the Grant Recipient (e.g., temporary office support), reimbursable at the Grant Recipient’s actual cost, without application of a benefits multiplier. (iii) Cost of professional services labor contracted by the Grant Recipient (e.g., engineering firm or consultant), reimbursable at the Grant Recipient’s actual cost for that labor.
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Related to Costs of Project Administration

  • Project Administration The Contractor shall provide project administration for all Subcontractors, vendors, suppliers, and others involved in implementing the Work and shall coordinate administration efforts with those of the A/E and ODR in accordance with these Uniform General and Supplementary Conditions and provisions of Division 1 Specifications, and as outlined in the Pre- construction Conference.

  • Contract Administration The Delegate shall cause that the foreign custody arrangements with an Eligible Foreign Custodian shall be governed by a written contract that the Delegate has determined will provide reasonable care for Fund assets based on the standards applicable to custodians in the relevant market. Each such contract shall, except as set forth in the last paragraph of this subsection (b), include provisions that provide: (i) For indemnification or insurance arrangements (or any combination of the foregoing) such that the Fund will be adequately protected against the risk of loss of assets held in accordance with such contract; (ii) That the Fund's Assets will not be subject to any right, charge, security interest, lien or claim of any kind in favor of the Eligible Foreign Custodian or its creditors except a claim of payment for their safe custody or administration or, in the case of cash deposits, liens or rights in favor of creditors of such Custodian arising under bankruptcy, insolvency or similar laws; (iii) That beneficial ownership of the Fund's Assets will be freely transferable without the payment of money or value other than for safe custody or administration; (iv) That adequate records will be maintained identifying the Fund's Assets as belonging to the Fund or as being held by a third party for the benefit of the Fund; (v) That the Fund's independent public accountants will be given access to those records described in (iv) above or confirmation of the contents of such records; and (vi) That the Delegate will receive sufficient and timely periodic reports with respect to the safekeeping of the Fund's Assets, including, but not limited to, notification of any transfer to or from the Fund's account or a third party account containing the Fund's Assets. Such contract may contain, in lieu of any or all of the provisions specified in this Section 3(b), such other provisions that the Delegate determines will provide, in their entirety, the same or a greater level of care and protection for the Fund's Assets as the specified provisions, in their entirety.

  • Administration Costs The Borrower shall pay the Bank for all reasonable costs incurred by the Bank in connection with administering this Agreement.

  • Construction Administration Redeveloper shall be responsible for all components of the Redeveloper Improvements constructed by Redeveloper including construction management, coordination of contractors and regulatory permitting and other requirements. Redeveloper and its contractor(s) shall reasonably cooperate with City contractors performing work in the vicinity of the Redevelopment Project Area including, but not limited to, Redeveloper's scheduling of its work to provide for a smooth sequence of operations. The Redeveloper will be solely responsible for payment of all construction costs for the Redeveloper Improvements as set forth in this Redevelopment Agreement.

  • Agreement Administration SBBC has delegated authority to the Superintendent of Schools or his/her designee to take any actions necessary to implement and administer this Agreement.