Allowable cost definition
Allowable cost means a cost that complies with all legal requirements that apply to a particular federal education program, including statutes, regulations, guidance, applications, and approved grant awards.
Allowable cost means costs that are allowable under 2 CFR Part 200, Subpart E, "Cost Principles."
Allowable cost means an expenditure which meets the test of the Uniform Guidance (2CFR 200) (see “I. Federal Compliance”). The most significant factors affecting allowability of cost are;
Examples of Allowable cost in a sentence
The Agency will make payments for costs that are consistence with the Department of Children and Families and/or the Department of Health Services Allowable Cost Policy Manual and Federal Allowable cost policies.
More Definitions of Allowable cost
Allowable cost means an expenditure which meets the test of the Uniform Guidance (2CFR 200) (see “I. Federal Compliance”). The most significant factors affecting allowability of cost are;
1) they must be necessary and reasonable, 2) they must be allocable, 3) they must be authorized or not prohibited under State or local laws and regulations, and 4) they must be adequately documented. For more specifics see Selected Items of Cost 2 CFR 200.420).
Allowable cost means a cost allowable to a project if:
Allowable cost means an expenditure which meets the test of the appropriate Executive Office of the President of the United States’ Office of Management and Budget Circular. The most significant factors which determine whether a cost is allowable are the extent to which the cost is:
(1) Necessary and reasonable;
(2) Allocable;
(3) Authorized or not prohibited under Washington state or local laws and regulations;
(4) Adequately documented.
Allowable cost means costs that are allowable under 2 CFR 200 Subpart E, as applicable.
Allowable cost means the facility's actual cost after appropriate adjustments as required by medical assistance regulations.
Allowable cost means costs that are allowable under 2 CFR Part 225, “Cost Principles for States, Local Governments, and Indian Tribes”, 2 CFR Part 220, “Cost Principles for Educational Institutions”, and 2 CFR Part 230, “Cost Principles for Non-Profit Organizations”, as applicable, and their Attachments, and 2 CFR Parts 200.420-475, as applicable.
Allowable cost means an expenditure which meets the test of the appropriate OMB Circular (see “III. Federal Compliance”). The most significant factors affecting allowability of cost are; 1) they must be necessary and reasonable, 2) they must be allocable, 3) they must be authorized or not prohibited under state or local laws and regulations, and 4) they must be adequately documented.