Cost Allocation Plan definition

Cost Allocation Plan has the same meaning as in 44 Ill. Admin. Code Part 7000.
Cost Allocation Plan means a document that identifies, accumulates and distributes allowable direct and indirect costs under subgrants and contract and identifies the allocation methods used for distributing the costs. A plan for allocating joint costs is required to support the distribution of those costs to the grant program. All costs included in the plan must be supported by formal accounting records to substantiate the propriety of the eventual charges. Providers are required to maintain a Cost Allocation Plan, in accordance with Ill. Adm. Code §509.40(c), if they receive more than one source of funding or operate more than one Program. (89 Ill. Adm. Code §509.20(a)(2))

Examples of Cost Allocation Plan in a sentence

  • Charges will be in the same manner as charges made to COUNTY agencies and departments, including payroll assessments, periodic billings, and the Countywide Cost Allocation Plan.

  • A proposal to establish a cost allocation plan or an indirect (F&A) cost rate, whether submitted to a Federal cognizant agency for indirect costs or maintained on file by the non-Federal entity, must be certified by the non-Federal entity using the Certificate of Cost Allocation Plan or Certificate of Indirect Costs as set forth in appendices III through VII, and IX of this part.

  • Documents:2021-2023 Cost Allocation Plan Agreement.pdf REGULAR AGENDALand Use Management Director's Report 1.

  • Cost Allocation Plan – Random Moment Sampling (RMS)‌A Random Moment Sampling (RMS) system has been implemented at the state level to document county worker effort and to determine percentages for allocating Agency Management Support and Overhead (AMSO) and shared costs to benefiting programs for federal reporting.

  • Mr. Joiner further advised that the 6.38% rate was proposed in Calhoun County’s certified Cost Allocation Plan.


More Definitions of Cost Allocation Plan

Cost Allocation Plan has the same meaning as in 44 Ill. Admin. Code 7000.30. “Direct Costs” has the same meaning as in 44 Ill. Admin. Code 7000.30. “Disallowed Costs” has the same meaning as in 44 Ill. Admin. Code 7000.30.
Cost Allocation Plan means a document that identifies, accumulates and distributes allowable direct and indirect costs under subgrants and contract and identifies the allocation methods used for distributing the costs. A plan for allocating joint costs is required to support the distribution of those costs to the grant program. All costs included in the plan must be supported by formal accounting records to substantiate the propriety of the eventual charges. Providers are required to maintain a Cost Allocation Plan, in accordance with Ill. Adm. Code
Cost Allocation Plan means the documentation identifying, accumulating and distributing allowable costs under grants and contracts, together with the allocation methods used.
Cost Allocation Plan means and refer to the formula utilized to determine the Party Shares of the City Program Costs, as such formula is detailed in Exhibit “E”.
Cost Allocation Plan means the plan described in Section 11874.