Common use of Written Allowability Procedures Clause in Contracts

Written Allowability Procedures. Subrecipient must maintain written procedures for determining the allowability of costs in accordance with Subpart E (Cost Principles in 2 CFR 200) and the terms and conditions of the federal award. In accordance with 2 CFR §200.403, all costs must be necessary, reasonable, and allocable; conform with federal law and the grant terms; consistent with state and local policies; consistently treated (federal and non- federal); in accordance with Generally Accepted Accounting Principles; not included as match for other federal programs, and adequately documented.

Written Allowability Procedures. Subrecipient must maintain written procedures for determining the allowability of costs in accordance with Subpart E (Cost Principles in 2 CFR 200) and the terms and conditions of the federal award. In accordance with 2 CFR §200.403, all costs must be necessary, reasonable, and allocable; conform with federal law and the grant terms; consistent with state and local policies; consistently treated (federal and non- non-federal); in accordance with Generally Accepted Accounting Principles; not included as match for other federal programs, and adequately documented.

Written Allowability Procedures. Subrecipient must maintain written procedures for determining the allowability of costs in accordance with Subpart E (Cost Principles in 2 CFR 200) and the terms and conditions of the federal award. In accordance with 2 CFR §§ 200.403, all costs must be necessary, reasonable, and allocable; conform with federal law and the grant terms; consistent with state and local policies; consistently treated (federal and non- non-federal); in accordance with Generally Accepted Accounting Principles; not included as match for other federal programs, and adequately documented.