Indirect Rate definition

Indirect Rate means the indirect rate, defined as a percentage of personnel costs and available at the Development Partner Center website, as such rate may be revised from time to time by the Bank and applied to this Trust Fund, in accordance with its policies and procedures.
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Indirect Rate means the indirect rate, defined as a percentage of personnel costs and available at the Development Partner Center secure website, as such rate may be revised from time to time by the Bank and applied to this Trust Fund, in accordance with its policies and procedures.
Sample 1
Indirect Rate means the rate or percentage by which direct costs are multiplied to determine the indirect costs for a given fee or activity.
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Examples of Indirect Rate in a sentence

  • The Indirect Rate category is used to capture overhead costs incurred by a Provider that operates several programs and has administrative costs that cannot be identified as a direct cost to a specific program.

  • Indirect Rate (Indirect Costs) DYCD reimburses Providers for all contractual costs based on an expense line-item on the submitted invoice (this applies to both direct and indirect costs).

  • Below are the main budget categories used by DYCD in HHS Accelerator Financials: • Personnel Services • Operations and Support • Utilities • Professional Services • Rent • Contracted Services • Indirect Rate • Unallocated Funds Completed budgets are submitted via HHS Accelerator Financials and first routed to the assigned DYCD Program Manager(s).

  • Effective for all FY18 contracts and going forward, DYCD will be increasing the reimbursable provider Indirect Rate from 10% to 12%.

  • Conferences and Workshops: In accordance with the current Negotiated Indirect Rate Agreement negotiated with and agreed to by ONR and in accordance with the National Academies’ long-standing accounting practices, all travel in connection with conference and workshop awards may be assessed the National Academies’ G&A and applicable cost of money rate for the general administration of this type of project.

  • Rate Description Indirect Rate % Rate Base $ Total Approved IndirectCosts Total Approved Indirect Costs Attachment 1b - APPROVED INDIRECT RATE APPROVED INDIRECT RATE (S) A Attachment A - Statement of Work Objective : 1) To empower domestic violence victims by providing them with direction, support, information, knowledge, and available resources from the beginning of their case and throughout the entire legal process.

  • Indirect Rate - Indirect costs (4.2%) are allowable costs calculated and approved annually by California Department of Education.

  • Notary Public (SEAL) My Commission Expires: EXHIBIT A STATEMENT OF WORK To be determined by individual Service Authorization EXHIBIT B RATE SCHEDULE To be determined by individual Service Authorization Audited Indirect Rate: Profit Rate Not-to-Exceed 10%.

  • Conferences and Workshops: In accordance with the current Negotiated Indirect Rate Agreement negotiated with and agreed to by the Office of Naval Research and in accordance with the Academy’s long-standing accounting practices, all travel in connection with conference and workshop awards may be assessed the Academy’s G&A and applicable cost of money rate for the general administration of this type of project.

  • Rate Description Indirect Rate % Rate Base $ Total Approved IndirectCosts Total Approved Indirect Costs Attachment 1b - APPROVED INDIRECT RATE APPROVED INDIRECT RATE (S) A Attachment A - Statement of Work Objective : Assist victims in applying for the Crime Victim Compensation Program Activity : Victims that might qualify for the Crime Victim Compensation Program will be mailed an informational brochure and telephone contact will be attempted within 2 business days after charges are issued.


More Definitions of Indirect Rate

Indirect Rate. A single fixed rate that is recalculated annually by Flagstaff that includes all allowable control services costs and is prepared in accordance with the simplified method as prescribed by OMB A-87.
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Indirect Rate. The amount paid by the Contractor on behalf of the employee as legislated (such as benefits, PPE, money paid to institutions by the Contractor on behalf of the employee, and compulsory statutory deductions).
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Related to Indirect Rate

  • Indirect Cost Rate means a device for determining in a reasonable manner the proportion of indirect costs each Program should bear. It is a ratio (expressed as a percentage) of the Indirect Costs to a Direct Cost base. If reimbursement of Indirect Costs is allowable under an Award, Grantor will not reimburse those Indirect Costs unless Grantee has established an Indirect Cost Rate covering the applicable activities and period of time, unless Indirect Costs are reimbursed at a fixed rate.

  • Indirect cost means any cost not directly identified with a single final cost objective, but identified with two or more final cost objectives or with at least one intermediate cost objective.

  • Indirect Costs has the same meaning as in 44 Ill. Admin. Code 7000.30.

  • Rate means the Adjusted LIBO Rate and the Alternate Base Rate.

  • Late Payment Rate As defined in the Insurance Agreement.

  • Net Rate With respect to each Mortgage Loan, the Mortgage Interest Rate in effect from time to time less the Aggregate Expense Rate (expressed as a per annum rate).

  • FX Rate means the “noon exchange rate” as reported by the Bank of Canada on any relevant date or if applicable, the rate calculated by the Calculation Agent, between the Canadian dollar and the foreign currencies into which some Reference Shares are denominated, expressed as the amount of Canadian dollars per one unit of foreign currency.

  • Indirect Tax means any goods and services tax, consumption tax, value added tax or any tax of a similar nature.

  • Indirect Losses means loss of profits, loss of production, loss of business, loss of business opportunity, or any claim for consequential loss or for indirect loss of any nature;

  • Daily LIBOR Rate means, for any day, the rate per annum determined by the Administrative Agent by dividing (x) the Published Rate by (y) a number equal to 1.00 minus the LIBOR Reserve Percentage on such day.

  • Prevailing Interest Rate means the rate of interest payable on the Securities applicable from time to time pursuant to Condition 4 (Interest Payments);

  • Basic Rate means the applicable basic minimum wage rate prevailing on the date 28 days prior to the latest date for submission of Tenders, by reason of any National or State Statute or Ordinance.

  • CMS Rate means the applicable swap rate for swap transactions in the Reference Currency with a maturity of the Designated Maturity, expressed as a percentage, which appears on the Relevant Screen Page as at the Specified Time on the relevant Interest Determination Date in question, all as determined by the Calculation Agent.

  • Applicable Interest Rate means the rate of interest prescribed under the Act from time to time;

  • Per Annum means for a year deemed to be comprised of 360 days.

  • Excess Rate With respect to each ARD Loan, the excess of (i) the applicable Revised Rate over (ii) the applicable Mortgage Rate, each as set forth in the Mortgage Loan Schedule.

  • Payment Rate means the rate (expressed in €/MWh, €/Mvarh or €/MWs2h as appropriate) for the calculation of payments for DS3 System Services as specified in the Charging Statement;

  • Reference Rate means the rate specified as such hereon.

  • Indirect cost rate proposal means the documentation prepared by a governmental unit or subdivision thereof to substantiate its request for the establishment of an indirect cost rate.

  • Default Rate of Interest means the rate of interest otherwise payable on the principal of the Securities plus 1% per annum.

  • Rate of Interest means the rate of interest payable from time to time in respect of this Note and that is either specified or calculated in accordance with the provisions hereon.

  • Federal Funds Rate means, for any day, the rate per annum equal to the weighted average of the rates on overnight Federal funds transactions with members of the Federal Reserve System arranged by Federal funds brokers on such day, as published by the Federal Reserve Bank of New York on the Business Day next succeeding such day; provided that (a) if such day is not a Business Day, the Federal Funds Rate for such day shall be such rate on such transactions on the next preceding Business Day as so published on the next succeeding Business Day, and (b) if no such rate is so published on such next succeeding Business Day, the Federal Funds Rate for such day shall be the average rate (rounded upward, if necessary, to a whole multiple of 1/100 of 1%) charged to Bank of America on such day on such transactions as determined by the Administrative Agent.

  • Non-default Rate means a rate per annum equal to the cost (without proof or evidence of any actual cost) to the Non-defaulting Party (as certified by it) if it were to fund the relevant amount.

  • Cap Rate For each Calculation Period, as set forth for such period on Schedule I attached hereto. Floating Rate for initial Calculation Period: To be determined Floating Rate Day Count Fraction: Actual/360 Floating Rate Option: USD-LIBOR-BBA, provided, however, if the Floating Rate Option for a Calculation Period is greater than 10.00% then the Floating Rate Option for such Calculation Period shall be deemed equal to 10.00%.

  • Loan Rate for any Mortgage Loan and on any day means the per annum rate of interest applicable under the related Credit Line Agreement to the calculation of interest for the day on the Asset Balance of the Mortgage Loan.