Indirect Cost. Except as otherwise authorized by this contract, no indirect costs shall be reimbursed.
Indirect Cost. Should the Grantee request reimbursement for indirect costs, the Grantee must submit to the State a copy of the indirect cost rate approved by the cognizant federal agency or the cognizant state agency, as applicable. The Grantee will be reimbursed for indirect costs in accordance with the approved indirect cost rate and amounts and limitations specified in the attached Grant Budget. Once the Grantee makes an election and treats a given cost as direct or indirect, it must apply that treatment consistently and may not change during the Term. Any changes in the approved indirect cost rate must have prior approval of the cognizant federal agency or the cognizant state agency, as applicable. If the indirect cost rate is provisional during the Term, once the rate becomes final, the Grantee agrees to remit any overpayment of funds to the State, and subject to the availability of funds the State agrees to remit any underpayment to the Grantee.
Indirect Cost. Subrecipients may charge indirect costs in accordance with 2 CFR §§200.414- 416 for certain federal and state grants upon approval by the state.
Indirect Cost. If indirect costs are charged, the Subrecipient will develop an indirect cost allocation plan for determining the appropriate Subrecipient's share of administrative costs and shall submit such plan to the Grantee for approval, in a form specified by the Grantee.
Indirect Cost. Also known as “overhead,” any cost of doing business other than direct costs. These costs include utilities, rent, administrative staff, officers’ salaries, accounting department costs, and personnel department costs, which are requisite for general operation of the organization but are not directly allocable to a particular service or product.
Indirect Cost. In the event that the Sponsor must serve as the fiscal agent, and indirect costs are allowable expense of the grant, the School agrees that the Sponsor will be permitted to retain grant funds in an amount equal to the annually negotiated indirect cost rate as determined by the FDOE. Indirect costs shall be reflected in the budget of the grant application submitted by the School.
Indirect Cost. 504HealthNet request indirect cost in the amount of 10% of total grants as a standard fee.
Indirect Cost. If the changed cost, reduction, payment or forgone interest or other return is indirect, the Trustee (if applicable) agrees to pay the Liquidity Facility Provider the proportion of it which the Liquidity Facility Provider determines to be fairly attributable to the financial accommodation made available under this agreement.
Indirect Cost. If indirect costs are charged, the Subgrantee must develop an indirect cost allocation plan for determining the appropriate City share of administrative costs. The Subgrantee must submit such plan to the City’s Community Development Department for approval. Said plan must be consistent with the principles outlined in OMB Circular A-122 (now in 2 CFR Part 200).
Indirect Cost. [Option 1]Shall be calculated at the rate of % of direct (based on the approved indirect rate, include details, for example: total direct cost or salaries & fringe or whatever the approved rate identifies). [OR Delete if no match] [Option 2]Shall not be reimbursed under this Agreement, but may be used by the Grantee a a matching contribution. [OR] Shall not be reimbursed under this Agreement.