Common use of Unallowable Costs Clause in Contracts

Unallowable Costs. OMB Circulars address the allowability of a variety of different costs. For all costs, there are certain restrictions and limitations; however, the following costs are not allowable under any circumstances:  Bad debts  Contingency provisions  Contributions and donations  Fines and penalties (e.g., Including but not limited to NSF Check Fees, Traffic Citation Fees)  Fundraising activities  Interest expense (unless expressly allowed by federal guidelines)  Losses on other awards

Unallowable Costs. OMB Circulars address the allowability of a variety of different costs. For all costs, there are certain restrictions and limitations; however, the following costs are not allowable under any circumstances:  - Bad debts  - Contingency provisions  - Contributions and donations  - Fines and penalties (e.g., Including but not limited to NSF Check Fees, Traffic Citation Fees)  - Fundraising activities  - Interest expense (unless expressly allowed by federal Federal guidelines)  - Losses on other awards

Unallowable Costs. OMB Circulars address the allowability of a variety of different costs. For all costs, there are certain restrictions and limitations; however, the following costs are not allowable under any circumstances:  Bad debts  Contingency provisions  Contributions and donations  Fines and penalties (e.g., Including but not limited to NSF Check Fees, Traffic Citation Fees)  Fundraising activities  Interest expense (unless expressly allowed by federal guidelines)  Losses on other awardsawards A-C Contract Accounting and Administration Handbook Page 24

Unallowable Costs. OMB Circulars address the allowability of a variety of different costs. For all costs, there are certain restrictions and limitations; however, the following costs are not allowable under any circumstances:  • Bad debts  • Contingency provisions  • Contributions and donations  • Fines and penalties (e.g., Including but not limited to NSF Check Fees, Traffic Citation Fees)  • Fundraising activities  • Interest expense (unless expressly allowed by federal Federal guidelines)  • Losses on other awards