Common use of LIMITATIONS APPLICABLE TO DIRECT COSTS Clause in Contracts

LIMITATIONS APPLICABLE TO DIRECT COSTS. a. Items Unallowable Unless Otherwise Provided Notwithstanding the clause FAR 52.216-7, Allowable Cost and Payment, incorporated in this contract, the costs of the following items or activities shall be unallowable as direct costs unless authorized in writing in advance by the Contracting Officer: 1. Acquisition, by purchase or lease, of any interest in real property; 2. Special rearrangement or alteration of facilities; 3. Purchase or lease of any item of general purpose office furniture or office equipment regardless of dollar value. (General purpose equipment is defined as any items of personal property which are usable for purposes other than research, such as office equipment and furnishings, pocket calculators, etc.); 4. Travel to attend general scientific meetings; 5. Unapproved foreign travel 6. Consultant costs, except costs incurred under firm-fixed price consultant agreements valued at $150,000 or less are allowable without prior authorization. 7. Subcontracts; except costs incurred under firm-fixed price subcontracts valued at $150,000 or less are allowable without prior authorization. 8. Patient care costs; 9. Accountable Government property (defined as both real and personal property with an acquisition cost of $1,000 or more and a life expectancy of more than two years) and “sensitive items” (defined as items of personal property, supplies and equipment that are highly desirable and easily converted to personal use), regardless of acquisition value. 10. Printing Costs (as defined in the Government Printing and Binding Regulations).

Appears in 2 contracts

Sources: Contract (MediWound Ltd.), Contract (MediWound Ltd.)