Indirect Charges Clause Samples

Indirect Charges. Operator may charge the Joint Account for indirect costs either by use of an allocation of district expense items plus the rate for administrative overhead, and plus the warehousing charges, all as provided for in Paragraph 1 of this Section III or by combining all three of said items under the rates provided for in Paragraph 2 or 3 of this Section III, as indicated next below: o Paragraph 1. (District Expense, Administrative Overhead and Warehousing) x Paragraph 2. (Combined Rates - Well Basis) o Paragraph 3. (Combined Rates - Percentage Basis) The cost and expense of services from outside sources in connection with matters of taxation, traffic, accounting or matters before or involving governmental agencies shall be considered as included in the overhead rates provided for in the above selected Paragraph of this Section III unless such cost and expense are agreed to by Operator and Non-Operators as a direct charge to the Joint Account. A. x shall o shall not include salaries and personal expenses of first-level supervisors in the field. B. x shall o shall not include salaries, wages and personal expenses of technical employees temporarily assigned to and directly employed on the Joint Property. C. x shall o shall not include salaries, wages and personal expenses of technical employees either temporarily or permanently assigned to and directly employed in the operation of the Joint Property. 1. District Expense, Administrative Overhead and Warehousing A. District Expense B. Administrative Overhead (1) o Well Basis

Indirect Charges. Purpose - Operator shall charge the Joint Account monthly for the cost of indirect services and related office costs of Operator and its Affiliates not otherwise provided in this Accounting Procedure. Indirect costs chargeable under this Section III. represent the cost of general counseling and support services provided to Operator by its Affiliates. These costs are such that it is not practical to identify or associate them with specific projects but are for services which provide Operator with needed and necessary resources which Operator requires and provide a real benefit to Joint Operations. No cost or expenditure included under Section II above shall be included or duplicated under this Section III.3. The charges under Section 3 are not subject to audit under Sections 1.8.1 and 1.8.2 other than to verify that the overhead percentages are applied correctly to the expenditure basis.

Indirect Charges. The United States Department of Education authorizes the California Department of Education (CDE) to establish indirect cost rates for California’s local educational agencies. Contractor’s indirect costs are general management costs consisting of administrative activities necessary for the general operation of the agency, such as accounting, budgeting, payroll preparation, personnel services, purchasing and centralized data processing. The CDE annually calculates, approves, and publishes the indirect cost rate that local educational agencies, such as Contractor, should use as the basis for budgeting and claiming indirect cost reimbursements under contracts. The approved listing of indirect cost rates also indicates in what fiscal year the rates are to be used. Under this Contract, Contractor shall apply the indirect cost rate approved and published by the CDE to claim actual program expenditures. During the term of the Contract, if any adjustments are made necessary by the use of an indirect cost rate that is inconsistent with this provision, Contractor shall submit a separate claim for Probation’s prior approval, to include any approved adjustment with any succeeding billing or invoice, as necessary.

Indirect Charges. 3.1 The Operator will be entitled to include in Costs a charge for management supervision and corporate administration for which no direct charge is otherwise included in Costs, amounting to those percentages permitted under the Agreement. 3.2 Notwithstanding paragraph 3.1 of these Accounting Procedures, it is hereby declared to be the intention of the parties that by acting as Operator a party should not realize any substantial profits or suffer any losses. The percentage charges for management supervision and corporate administration as set out above will therefore be reviewed annually by the Management Committee and, if proved to be excessive or insufficient, will be adjusted.

Indirect Charges. The department justifies and notifies the commission of indirect rate charges against the commission budget. The department notifies the commission prior to the start of the new biennium and prior to the new rate adoption.

Indirect Charges. 3.01. Monthly percentage charge The JOINT ACCOUNT shall be monthly charged with the services and actual costs of staff, and office costs thereto related, who has a position in relation with direction, managerial, administrative, legal, accounting, purchase, treasury, taxation, industrial relations, computing services, financial and administrative, and office service tasks and any other general position in favor of the JOINT OPERATIONS, provided that they are not included in Article 2 “Direct Charges”. This charge shall cover the services and costs of all the staff and headquarters of the OPERATOR and OPERATOR’S SUBSIDIARIES not subject to any other provision in the other articles of this ACCOUNTING PROCEDURE.

Indirect Charges. In accordance with the general principles of the Recovery Act the Contractor must take the following steps to minimize the impacts of indirect costs and enhance transparency and accountability of project:

Indirect Charges. The Operator will not incur any Indirect Charges.

Indirect Charges. Charges for administrative costs that support and are linked to program and/or functional activities and tend to vary with activity level or size, but usually cannot be practically or economically direct charged. The director of an office in the department. The Department of Health unit designated to perform human resources functions. The Office of Financial Management in the office of the governor. Outcomes resulting from processes, services, or work relative to the stated benchmark, objective, or goal. Performance is quantifiable and stated in measureable terms. The Secretary of the Department of Health.