Administrative Cost Recovery. 3.1 In order to assist in the defrayment of the costs of administration and other expenses incurred by the Bank under this Agreement, the Bank may, following deposit of Contribution funds, deduct from such funds and retain for the Bank’s own account an amount equal to five percent (5.0%) of the Contributions.
Administrative Cost Recovery. 3.2. In order to assist in the defrayment of the costs of administration and other expenses incurred by the Bank under this Agreement, the Bank may deduct and retain for its own account an amount equal to one percent (1 %) of each Contribution. In addition, costs for program management and administration of the Trust Fund up to a maximum of one and one half percent (1.5%) of each Contribution1, will be charged to the Trust Fund on an actual basis. If the contributions increase beyond what was originally expected at the time of counter-signature of the first administration agreement, and the administrative costs increase as a result, the Donors acknowledge that an additional administrative fee may be applied to such new contributions.
Administrative Cost Recovery. 4.1 In order to assist in the defrayment of the Administrative Costs and other expenses incurred by the Trustee under this Agreement, the Trustee may deduct and retain for its own account an amount equivalent to 0.58 per cent from the Contributions. In addition, the equivalent of up to 1.96 per cent of the Contributions may be charged on an actual basis to cover the Administrative Costs incurred by the Trustee. In addition, Administrative Costs incurred by the Secretariat shall be charged to the Trust Fund on an actual basis. Estimated costs for the Trustee and Secretariat charged to the Trust Fund will be approved in advance by the Steering Committee on an annual basis and shall be subject to an end of year adjustment based on actual costs incurred.
Administrative Cost Recovery. 3.1. In order to assist in the defrayment of the costs associated with the establishment of the Trust Fund, the Bank may, following deposit of the first Contribution from any Donor to the Trust Fund, deduct and retain for its own account from that Contribution an amount equal to and not greater than thirty-five thousand United States Dollars (US$35,000).
Administrative Cost Recovery. In order to assist in the defrayment of the costs of administration and other expenses incurred by XXX under this Arrangement, XXX will, following deposit of Contribution funds, deduct from such funds and retain for XXX’s own account an amount equal to two percent (2%) of the Contributions.
Administrative Cost Recovery. Effective Date: 07/31/2012 Recovery of administrative costs by Bilateral Donors from USAID is discouraged. Where the recovery of such costs is necessary or otherwise unavoidable, the Operating Unit should negotiate a fair and reasonable amount for any such costs and include provisions in the grant agreement that such costs are recoverable without duplication and allocated pro rata among all other contributors to the project or program incurring such costs.
Administrative Cost Recovery. In order to assist in the defrayment of the costs of administration and other expenses incurred by the IBRD under this Agreement, the IBRD may, following deposit of Contribution funds, deduct from such funds and retain for the IBRD’s own account an amount equal to five percent (5%) of the Contributions.
Administrative Cost Recovery. Effective Date: 08/24/2018 PIOs may incur administrative expenses that, while necessary for program execution, do not constitute direct costs under the agreement. USAID agreements may provide funding to cover these administrative or indirect costs, if requested, as long as the additional compensation does not augment an appropriation of U.S. funds provided to a PIO as a general contribution pursuant to an express authority (see 308.3.9.3) and are reasonable and allocable to the activities funded by USAID. If USAID agrees to pay some administrative costs, payment is subject to the following conditions:
Administrative Cost Recovery. In order to assist in the defrayment of the costs of administration and other expenses incurred by the Bank under this Arrangement, the Bank may deduct and retain for its own account an amount equal to two percent (2%) of each Contribution. If the Contributions increase beyond what was originally expected at the time of counter-signature of the first administration arrangement, and the administrative costs increase as a result, the Donors acknowledge that an additional administrative fee may be applied to such new contributions. In addition, costs for Program management and supervision as defined in Annex 1 up to a maximum of One Hundred and Eleven Thousand United States Dollars (US$111,000) will be charged to the Trust Fund on an actual basis.
Administrative Cost Recovery. In order to assist in the defrayment of the costs of administration and other expenses incurred by XXX under this Agreement, XXX may, following deposit of Contribution funds, deduct from such funds and retain for XXX’s own account an amount equal to two percent (2%) of the Contributions. In addition, actual costs for trust fund administration will be charged to the MDTF for an amount not exceeding USD 1,762,216. In case of additional contributions from the donor in future, the customized fee arrangement will be revisited to ensure full cost recovery.
