FPS Operating Costs definition

FPS Operating Costs means reasonable recurrent expenditures (other than those for consultants’ services) incurred by FPS for the purposes of the Project and directly related to the activities described in the Project, including, inter alia, salaries of staff, office materials and supplies, operation and maintenance of office equipment, insurance, vehicle and equipment operation, bank charges on the Designated Account, transportation, phone and fax charges, media campaigns and printing of materials; and
FPS Operating Costs means reasonable recurrent expenditures (other than those for consultants’ services) incurred by FPS for the purposes of

Examples of FPS Operating Costs in a sentence

  • Such adjustment shall be unnecessary if the Association is satisfied that said review reveals no change in FPS Operating Costs.

  • The Recipient, through VPPTA, shall review and adjust annually, or at any other time agreed with the Association, the FPS Operating Costs.

  • The Recipient, through VMD, shall review and adjust annually, or at any other time agreed with the Association, starting on June 30, 2009, the FPS Operating Costs.

  • The Recipient shall review and adjust annually, or at any other time agreed with the Association, the FPS Operating Costs.