Final rate definition

Final rate means an indirect cost rate applicable to a specified past period which is based on the actual allowable costs of the period. A final audited rate is not subject to adjustment.
Final rate means the rate established after any adjustments by the department, including adjustments resulting from cost report reviews and audits.
Final rate means the rate established after any adjustments by the department, including, but not limited to, adjustments resulting from cost report reviews and audits.

Examples of Final rate in a sentence

  • Final rate of earnings is the highest total earnings during any 96 consecutive months within the last 10 years of service, divided by 96.

  • Final rate of earnings is the highest total earnings during any consecutive 48 months within the last 10 years of service, divided by 48.

  • Final rate means an indirect cost rate applicable to a specified past period which is based on the actual costs of the period.

  • Minimum RA bill amount to be raised and paid is Rs. 10.00 Lakhs and less the amount the engineer at site shall not recommend the bill for payment.j) If an item exceeds 125% of BOQ quantity, 75% of the BOQ rate may be paid as a provisional rate for that particular item till finalization of the Final rate.

  • Final rate list of L1 bidders will be published in the website of the Corporation.


More Definitions of Final rate

Final rate means, unless otherwise specified in the applicable Pricing Supplement, with respect to a Reference Rate, the Relevant Rate for such Reference Rate on the Final Valuation Date.
Final rate means an indirect cost rate ap- plicable to a specified past period which is based on the actual allowable costs of the pe- riod. A final audited rate is not subject to adjustment.
Final rate means the rate of customs duty that applies after the application of all reductions provided for under this Act, other than reductions related to rounding or to the elimination of rates of less than two per cent.
Final rate means the rate per annum (expressed as a percentage) specified in, or determined in accordance with the provisions in, the Final Terms or Pricing Supplement, as the case may be, which may be a fixed rate or a floating rate determined in accordance with Condition 6(c).
Final rate means an indirect cost rate applicable to a specified past period which is based on the actual costs of the period. A final rate is not subject to adjustment. Note that a final indirect cost rate is established after an organization's actual costs are known, typically after final fiscal year expenses have been determined. Once established, a final indirect cost rate is used to adjust the indirect costs claimed. The use of provisional or billing rates will likely result in final audited expenditures which are higher or lower than those reported for awards, which are terminated during the organization's fiscal year. A final rate may be issued as a provisional rate in the ensuing year then adjusted for anticipated changes in funding levels or costs.
Final rate means the Index reference price on 26th January 2017.
Final rate means the rate established after any adjustment by the department,