Direct Cost definition

Direct Cost means a cost not to exceed the cost of labor, material, travel and other expenditures to the extent the costs are directly incurred to provide the relevant assistance or service. “Direct Cost” to the Acquirer for its use of any of a Respondent’s employees’ labor shall not exceed the average hourly wage rate for such employee;

Direct Cost means those costs that can be identified specifically with a particular final cost objective under the Grant Project responsive to this RFA or other internally or externally funded activity, or that can be directly assigned to such activities relatively easily with a high degree of accuracy. Costs incurred for the same purpose in like circumstances must be treated consistently as either direct or indirect costs. Direct Costs include, but are not limited to, salaries, travel, Equipment, and supplies directly benefiting the grant- supported Project or activity.

Direct Cost means any Allowable Cost that is: (i) incurred by FSMC in providing the goods and services that are identified in SFA’s Food Service Budget; and (ii) reasonably necessary in order for FSMC to perform the Services hereunder. The term “Direct Cost” does not include any cost allocated to SFA as Charges, the General and Administrative Expense Fee, or any Management Fees.

Examples of Direct Cost in a sentence

• The FSMC shall include all costs it incurs in connection with its employees assigned to duty on the SFA's premises, including wages and benefits, as a part of its Direct Cost of operations included in the Financial Obligation.iii.

• Although the PCard manual sets forth criteria for allowable and unallowable purchases, Cardholders must also ensure that purchases are allowableper the terms and conditions of the project and the University's Direct Cost policies and procedures.

• The FSMC shall include all costs it incurs in connection with its employees assigned to duty on the SFA's premises, including wages and benefits, as a part of its Direct Cost of operations included in the Financial Obligation.

• The FSMC shall include all costs it incurs in connection with its employees assigned to duty on the SFA's premises, including wages and benefits, as a Direct Cost of operations included in the Financial Obligation.

More Definitions of Direct Cost

Direct Cost means maintenance expenditure, including major periodic maintenance that varies with usage of the Network, and may include other costs that vary with the usage of the Network but excluding Depreciation, assessed on an Efficient basis;

Direct Cost means those expenses which can be identified specifically and solely to a particular program.

Direct Cost means any Allowable Cost that is:

Direct Cost means the cost of direct labor and direct material used to provide the relevant assistance or service.

Direct Cost means a cost not to exceed the cost of labor, material, travel and other expenditures to the extent the costs are directly incurred to provide the relevant assistance or service.

Direct Cost means any Allowable Cost that is: (i) incurred by FSMC in providing the goods and services that are identified in SFA’s Food Service Budget; and (ii) reasonably necessary in order for FSMC to perform the Services hereunder.

Direct Cost means any cost which is identified specifically with a par- ticular final cost objective. Direct costs are not limited to items which are incorporated in the end product as material or labor. Costs identified spe- cifically with a contract are direct costs of that contract. All costs identi- fied specifically with other final cost objectives of the contractor are direct costs of those cost objectives.