Common use of REIMBURSABLE BILLING Clause in Contracts

REIMBURSABLE BILLING. The Federal Agency shall bill the Cooperator (m) for funds sufficient to cover the costs for the specific payment period, not to exceed (l) $ as shown in the attached Financial Plan. All reimbursement xxxxxxxx must be completed within the same fiscal year as Federal Agency expenditures. Overhead is assessed at the rate of (p) percent. Billings must be sent to: (q) The Federal Agency is required to issue bills for expenditures incurred under reimbursable agreements at the end of or prior to the end of each federal fiscal year. Therefore, an out-of-cycle bill may be received by the Cooperator. If payment is not received to the satisfaction of the Federal Agency by the date specified on the bill, the Federal Agency shall exercise its rights regarding the collection of debts owed to the United States.

Appears in 1 contract

Samples: Project Agreement

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REIMBURSABLE BILLING. The Federal Agency shall bill the Cooperator (m) for funds sufficient to cover the costs for the specific payment period, not to exceed (l) $ l)$ as shown in the attached Financial Plan. All reimbursement xxxxxxxx billings must be completed within the same fiscal year as Federal Agency expenditures. Overhead is assessed at the rate of (p) percent. Billings must be sent to: (q) The Federal Agency is required to issue bills for expenditures incurred under reimbursable agreements at the end of or prior to the end of each federal fiscal year. Therefore, an out-of-cycle bill may be received by the Cooperator. If payment is not received to the satisfaction of the Federal Agency by the date specified on the bill, the Federal Agency shall exercise its rights regarding the collection of debts owed to the United States.

Appears in 1 contract

Samples: Project Agreement

REIMBURSABLE BILLING. The Federal Agency shall bill the Cooperator (m) for funds sufficient to cover the costs for the specific payment period, not to exceed (l) $ l)$ as shown in the attached Financial Plan. All reimbursement xxxxxxxx billings must be completed within the same fiscal year as Federal Agency expenditures. Overhead is assessed at the rate of (p) percent. Billings must be sent to: (q) The Federal Agency is required to issue bills for expenditures incurred under reimbursable agreements at the end of or prior to the end of each federal fiscal year. Therefore, an out-out- of-cycle bill may be received by the Cooperator. If payment is not received to the satisfaction of the Federal Agency by the date specified on the bill, the Federal Agency shall exercise its rights regarding the collection of debts owed to the United States.

Appears in 1 contract

Samples: Share Agreement

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REIMBURSABLE BILLING. The Federal Agency shall bill the Cooperator (m) for funds sufficient to cover the costs for the specific payment period, not to exceed (l) $ as shown in the attached Financial Plan. All reimbursement xxxxxxxx must be completed within the same fiscal year as Federal Agency expenditures. Overhead is assessed at the rate of (p) percent. Billings must be sent to: (q) The Federal Agency is required to issue bills for expenditures incurred under reimbursable agreements at the end of or prior to the end of each federal fiscal year. Therefore, an out-of-cycle bill may be received by the Cooperator. If payment is not received to the satisfaction of the Federal Agency by the date specified on the bill, the Federal Agency shall exercise its rights regarding the collection of debts owed to the United States.

Appears in 1 contract

Samples: Project Agreement

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