Cost Principles definition

Cost Principles means the explanation of how the mutually agreed upon contract amount was reached. This includes provisions for allowable and unallowable costs.
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Cost Principles means charging Full Cost for a Service, plus a 5% ▇▇▇▇-up of non-third party costs. Costs representing amounts payable to third parties (e.g., contractors) are considered to be at market and therefore a 5% ▇▇▇▇-up is not applied to such costs; however, the Full Cost of administering these third party services by Pioneer's resources (e.g. a contract administrator) is subject to the 5% ▇▇▇▇-up.
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Cost Principles. - means charging Full Cost for a Service, plus a 5% mark-up of non-third party costs. Costs representing amounts payable to third parties (e.g., contractors) are considered to be at market and therefore a 5% mark-up is not applied to such costs; however, the Full Cost of administering these third party services by Pioneer's resources (e.g. a contract administrator) is subject to the 5% mark-up.
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Examples of Cost Principles in a sentence

  • In accordance with 2 C.F.R. Part 200 of the Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (sometimes referred to as “▇▇▇▇▇”),Vendor's response to the following questions labeled "2 CFR Part 200 or Federal Provision" will indicate Vendor's willingness and ability to comply with certain requirements which may be applicable to TIPS purchases paid for with federal funds, if accepted by Vendor.

  • However, if it is determined that the Contractor is a “subrecipient” and if required by applicable provisions of 2 C.F.R. 200 (Uniform Administrative Requirements, Cost Principles, and Audit Requirements), Contractor shall arrange for a financial and compliance audit, which complies with 2 C.F.R. 200.500 et seq.

  • Participating Entities that use United States federal grant or other federal funding to purchase solutions from this Agreement may be subject to additional requirements including the procurement standards of the Uniform Administrative Requirements, Cost Principles and Audit Requirements for Federal Awards, 2 C.F.R. § 200.

  • Executed County Board of Supervisors approved contract Budget included in contract or presented as an attachment 48 CFR Part 31 Contract Cost Principles and Procedures 24 CFR Parts 85, 570.502, 570.201, 576.21, 576.51 and 576.61: For OC Housing & Community Development Contracts only.

  • Specific grant compliance matters contained in Government Auditing Standards, issued by the Comptroller General of the United States; and the audit requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance).

  • However, if it is determined that the Contractor is a "subrecipient" and if required by applicable provisions of 2 C.F.R. 200 (Uniform Administrative Requirements, Cost Principles, and Audit Requirements), Contractor shall arrange for a financial and compliance audit, which complies with 2 C.F.R. 200.500 et seq.

  • DFPS is not obligated to pay unauthorized costs or to pay more than Grantee’s allowable and incurred costs consistent with 45 Code of Federal Regulations (CFR) 75, Subpart E (Cost Principles).

  • Executed County Board of Supervisors approved contract Budget included in contract or presented as an attachment 48 CFR Part 31 Contract Cost Principles and Procedures 24 CFR Parts 85, 570.502, 570.201, 576.21, 576.51 and 576.61: For Housing & Community Development and Homeless Prevention Contracts only.

  • The parties to this Agreement shall adhere to the procurement and property management standards established in 2 CFR 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards, and to the Texas Uniform Grant Management Standards.

  • The parties shall comply with the single audit report requirements stipulated in 2 CFR 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards.

Related to Cost Principles

  • MacBride Principles means those principles relating to nondiscrimination in employment and freedom of workplace opportunity which require employers doing business in Northern Ireland to:

  • Guiding Principles means the principles provided in subchapter III which shall be considered for amplification and interpretation of the goals of the authority.

  • Equator Principles means that set of principles entitled "The Equator Principles – A financial industry benchmark for determining, assessing and managing environmental and social risk in projects", dated July 2020 and available as at the date of this Agreement at: h▇▇▇▇://▇▇▇▇▇▇▇-▇▇▇▇▇▇▇▇▇▇.▇▇▇/▇▇-content/uploads/2021/02/The-Equator-Principles-July-2020.pdf.

  • Agreed Principles means the terms set out in Part 1 of Schedule 1;

  • the data protection principles means the principles set out in Part I of Schedule 1 to the Data Protection Act 1998, as read subject to Part II of that Schedule and section 27(1) of that Act;