Approved costs definition

Approved costs means the eligible costs or expenditures2 as approved by the Provider, and as defined in the Agreement or Decision on Grant Funding to carry out the Grant Project.
Approved costs means the amount of eligible costs approved by the authority at final approval;
Approved costs means, for any Property, the sum of the acquisition, construction, and other capitalized costs of such Property (or the Stock of the Company that owns such Property), whether in the form of cash, property, liabilities assumed, or other consideration.

Examples of Approved costs in a sentence

  • Each Draw Request shall set forth the following: (i) a description of work performed, material supplied and/or costs incurred for which the disbursement is requested with respect to any Approved Costs shown as a line item (“Item”) in the Sources and Uses of Funds; (ii) the total amount incurred or expended for each requested Item, less prior disbursement; and (iii) the percentage of completion of the portion of the work to be paid from the Item.

  • The Contractor warrants that the Approved Costs represent the Contractor’s costs in delivering the Project and do not include profit.

  • The Program Funds shall be used exclusively for the reimbursement of Approved Costs as shown in the Project Budget, as the same may be amended from time to time with the written approval of the Department, such reimbursement for, costs to be made only after the same have been incurred by the Recipient.


More Definitions of Approved costs

Approved costs means costs incurred during the taxable year by a qualified farming operation for training and improving skills of managers and employees involved in a networking project as provided by KRS 141.410(1).
Approved costs means all hard and soft eligible costs under the Program (and modifications thereto), which were approved, or will be approved by the Department, which are needed for the completion of the Infrastructure Project, in accordance with Scope of Work.
Approved costs means that portion of the eligible costs approved by the authority that an approved company may recover through the inducements authorized by KRS 154.25-030, being a percentage of eligible costs as approved by the authority;
Approved costs means the eligible costs or expenditure2 that the provider approves, and which are defined in the agreement or decision on provision of targeted support for carrying out the grant project.
Approved costs means the costs incurred during the taxable year by a qualified farming operation for training and improving the skills of managers and employees involved in a networking project.
Approved costs means the Board approved costs of transporting eligible students from home to school to home once each day, after-school routes, approved routes for students with disabilities and vocational students attending school outside their regularly assigned attendance boundary, and a portion of the bus purchase prices. All approved costs are adjusted by the USOE consistent with a Board-approved formula per the annual legislative transportation appropriation.
Approved costs means costs of the School Facilities Project which are eligible to be paid from the proceeds of the Grant and have been or shall be paid by the District.