full costs definition
full costs means all costs recording in the contractor’s accounting system coded or linked to the performance of the contract and subject to the contractor’s usual accounting practices being applied. The apportionment of the contractor’s central costs, such as premises overheads, are therefore eligible costs if in line with the contractor’s usual accounting practice for recovering central costs in contract pricing. However, ‘full costs’ must not include the expenditure items specifically disallowed under the Wales Structural Funds national eligibility rules such as bad debt provisions, political donations, gifts, contingent liabilities etc. as set out in the WEFO document ‘Rules and Conditions for Support from the European Structural and Investment Funds 2014-2020’.
full costs means, where an order to which Section 11 of the Act applies is made against a LSC funded client, the amount of costs which that person would, had cost protection not applied, have been ordered to pay.
full costs means, where a section 26(1) costs order is made against a legally aided party, the amount of costs which that party would, but for section 26(1) of the Act, have been ordered to pay;
More Definitions of full costs
full costs means the full amount that the client would
full costs means all capital costs, direct costs and indirect costs.