Common use of Labor Rates Clause in Contracts

Labor Rates. (a) HUD approval of all labor rates is required before the awardee’s staff, contractors, or consultants can incur costs under this Agreement, unless otherwise authorized by the Cooperative Agreement Officer. HUD will determine the reasonableness of and approve all rates in accordance with 2 CFR part 200, including 2 CFR 200.404. The approval requests must be submitted as directed by XXX.

Labor Rates. (a) HUD approval of all labor rates is required before the awardee’s staff, contractors, or consultants can incur costs under this Agreement, unless otherwise authorized by the Cooperative Agreement Officer. HUD will determine may not reimburse the reasonableness of and approve all rates in accordance with 2 CFR part 200, including 2 CFR 200.404. The approval requests must be submitted as directed awardee for labor costs that are not approved by XXXHUD.