Expenditures by GRANTEE Clause Samples
The "Expenditures by GRANTEE" clause defines the rules and limitations regarding how the grantee may use funds provided under an agreement. Typically, it outlines the types of expenses that are permitted, such as project-related costs, and may require the grantee to maintain records or obtain prior approval for certain expenditures. This clause ensures that funds are used appropriately and in accordance with the grant's objectives, thereby promoting accountability and preventing misuse of resources.
Expenditures by GRANTEE. GRANTEE shall make all expenditures under this Grant Agreement in accordance with the budget set forth in Exhibit B and this Section 11.
11.3.1. If applicable, GRANTEE shall complete all activities under the “Capital Improvement/Renovations” cost category within the first year of this project. GRANTEE shall submit all adjustment to this cost category to the designated COMMISSION staff for approval. GRANTEE shall be solely responsible for compliance with all applicable land use, permitting, environmental, contracting and labor laws, including, without limitation, the California Public Contracts Code and the California Labor Code. Any requests for exceptions to the requirements of this Section 11.3.1. shall require prior notification by GRANTEE to the designated COMMISSION staff and may be approved only in the discretion of the designated COMMISSION staff.
11.3.2. If applicable, GRANTEE shall complete all purchases under the “Equipment” cost category within year one of this project. Any requests for exceptions to the requirements of this Section 11.3.2. shall require prior notification by GRANTEE to the designated COMMISSION staff and may be approved only in the discretion of the designated COMMISSION staff.
11.3.3. If applicable, GRANTEE shall calculate all expenses under the “Space and Telephone” cost category based on a reasonable allocation methodology.
11.3.4. GRANTEE’s indirect costs shall be limited to ten percent (10%) of GRANTEE’s personnel costs, excluding fringe benefits. Indirect costs exceeding the ten percent (10%) are GRANTEE’s sole responsibility.
Expenditures by GRANTEE. GRANTEE shall make all expenditures under this Grant Agreement in accordance with the budget set forth in Exhibit B and this Section 11.
11.3.1. If applicable, GRANTEE shall complete all activities under the “Capital Improvement/Renovations” cost category within the first year of this project. GRANTEE shall submit all adjustment to this cost category to the designated COMMISSION staff for approval. GRANTEE shall be solely responsible for compliance with all applicable land use, permitting, environmental, contracting and labor laws, including, without limitation, the California Public Contracts Code and the California Labor Code. Any requests for exceptions to the requirements of this Section 11.3.1. shall require prior notification by GRANTEE to the designated COMMISSION staff and may be approved only in the discretion of the designated COMMISSION staff.
11.3.2. If applicable, GRANTEE shall complete all purchases under the “Equipment” cost category within year one of this project. Any requests for exceptions to the requirements of this Section