Common use of Indirect Cost Clause in Contracts

Indirect Cost. If indirect costs are charged, the Recipient must develop an indirect cost allocation plan for determining the appropriate share of administrative costs. The Recipient must submit such plan to the City for approval. Said plan must be consistent with principles outlined in OMB Circular A-122.

Appears in 3 contracts

Sources: CDBG Cares Act Funding Agreement, CDBG Cares Act Funding Agreement, CDBG Cares Act Funding Agreement