Allowable Program Costs Clause Samples

The Allowable Program Costs clause defines which expenses are eligible for reimbursement or funding under a specific program or contract. It typically outlines the types of costs that can be charged, such as salaries, materials, travel, and administrative expenses, and may reference established guidelines or cost principles to determine eligibility. By clearly specifying allowable costs, this clause ensures that both parties understand which expenditures are permitted, thereby preventing disputes and promoting proper financial management.