Common use of Identification of direct and indirect costs Clause in Contracts

Identification of direct and indirect costs. 1. Direct costs are all those eligible costs which can be attributed directly to the action and are identified by the beneficiary as such, in accordance with its accounting principles and its usual internal rules. With regard to personnel costs, only the costs of the actual hours worked by the persons directly carrying out work under the action may be charged. Such persons shall:

Identification of direct and indirect costs. 1. Direct costs are all those eligible costs which can be attributed directly to the action and are identified by the beneficiary as such, in accordance with its accounting principles and its usual internal rules. With regard to personnel In particular, the following categories of costs are eligible direct costs, only provided that they satisfy the costs conditions of eligibility set out in Article II.13 as well as the actual hours worked by the persons directly carrying out work under the action may be charged. Such persons shallfollowing conditions:

Identification of direct and indirect costs. 1. Direct costs are all those eligible costs which can be attributed directly to the action and are identified by the beneficiary as such, in accordance with its accounting principles and its usual internal rules. With regard to personnel In particular, the following categories of costs are eligible direct costs, only provided that they satisfy the costs conditions of eligibility set out in Article II.12 as well as the actual hours worked by the persons directly carrying out work under the action may be charged. Such persons shallfollowing conditions: