Common use of Eligible indirect costs Clause in Contracts

Eligible indirect costs. 4.1. For EC contributions, a fixed percentage of direct eligible costs, not exceeding 7 %, shall be eligible as indirect costs. 4.2. For comparable Actions and Actions where there is more than one donor the amount recovered shall not, in percentage terms, be higher or lower than for other comparable contributions. 4.3. Indirect costs are eligible provided that they do not include costs assigned to another heading of the budget of the contribution-specific agreement. 4.4. Indirect costs may also be charged on the value of in-kind commodities delivered by the Commission, including their associated costs. 4.5. Where the rates applied in accordance with United Nations’ governing bodies’ decisions exceed 7%, the United Nations may recover the balance as direct eligible costs, subject to the provisions governing direct eligible costs referred to in Article 3 being fulfilled.

Appears in 2 contracts

Sources: Financial and Administrative Framework Agreement, Financial and Administrative Framework Agreement