Common use of Other Direct Costs Clause in Contracts

Other Direct Costs. Other Direct Costs (“ODC”) are identified in Exhibit B, Cost Summary. ODC shall be billed at cost, without markup. Allowable ODC fall into two categories: Invoiced ODC and Lump Sum ODC. Invoiced ODC are approved in advance by the Project Representative and are actually incurred. For all Invoiced ODC, the Consultant shall have a receipt from an independent company for goods or services and include Subcontract Costs and Travel Costs. Lump Sum ODC are negotiated and defined in the Agreement as Lump Sum ODC. All other ODC are unallowed costs.

Appears in 9 contracts

Samples: Agreement for Professional Services, Agreement, Agreement for Professional Services

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Other Direct Costs. Other Direct Costs (“ODC”) are identified in Exhibit B, Cost Summary. ODC shall be billed at cost, without markup. Allowable ODC fall into two categories: Invoiced ODC and Lump Sum ODC. Invoiced ODC are approved in advance by the Project Representative and are actually incurred. For all Invoiced ODC, the Consultant shall have a receipt from an independent company for goods or services and include Subcontract Costs and Travel Costs. Lump Sum ODC are negotiated and defined in the Agreement as Lump Sum ODC. All other ODC are unallowed costs.. DRAFT

Appears in 1 contract

Samples: www.bidnet.com

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