Common use of Allowable Cost Clause in Contracts

Allowable Cost. Applicable Office of Management and Budget (OMB) 2 CFR Part 200, Subpart E – Cost Principles, agency program regulations, and the terms of grant must be followed in determining the reasonableness, allowability, and allocability of costs.

Appears in 4 contracts

Sources: Master Grant Agreement, Public Transportation Master Grant Agreement, Public Transportation Master Grant Agreement

Allowable Cost. Applicable Office of Management and Budget (OMB) 2 CFR Part 200, Subpart E – Cost Principlescost principles, agency program regulations, and the terms of grant must will be followed in determining the reasonableness, allowability, allowability and allocability of costs.

Appears in 2 contracts

Sources: Public Transportation Master Grant Agreement, Public Transportation Master Grant Agreement