Common use of Spending Categories Clause in Contracts

Spending Categories. The Annual Spending Plan shall include the following categories: (a) the funding levels for each approved Ecosystem Profile, together with a description of the types of Subprojects and activities to be financed at the programmatic level, based on the funding strategy in the Ecosystem Profile, and including a budget for RITs; (b) a Preparation Budget for new Ecosystem Profiles to be prepared during the period of the Annual Spending Plan; (c) the Operational Budget; and (d) a management fee for the categories referred to in (c) above calculated on the basis of CI’s audited annual rates (indirect costs) for the previous year.