Indirect cost definition

Indirect cost means any cost not directly identified with a single final cost objective, but identified with two or more final cost objectives or with at least one intermediate cost objective.

Indirect cost means those costs incurred for a common or joint purpose benefitting more than one cost objective, and not readily assignable to the cost objectives specifically benefitted, without effort disproportionate to the results achieved. Indirect Costs represent the expenses of doing business that are not readily identified with the Grant Project responsive to this RFA but are necessary for the general operation of the organization and the conduct of activities it performs.

Indirect cost means those expenses which cannot be related directly to a specific program and are, therefore, allocated to more than one program.

Examples of Indirect cost in a sentence

• Indirect cost is allowable under this program as described in 2 C.F.R. Part 200, including 2 C.F.R. § 200.414.

• Paragraphs (g)(1) and (g)(2) of this provision apply to the following types of documents, and their supporting records: Indirect cost rate computations or proposals, cost allocation plans, and any similar accounting computations of the rate at which a particular group of costs is chargeable (such as computer usage charge back rates or composite fringe benefit rates).

• Agency/department/major function Indirect cost rate Type of Direct Cost Base % % % Name of Authorized Official: Position/Title: X Signature: Date (mm/dd/yyyy): / / Instructions for the Grantee’s Authorized Representative: You must mark the one (and only one) checkbox above that best reflects how the Grantee’s indirect costs will be calculated and charged under the grant.

• Indirect cost rates shall remain fixed throughout the term of this award based on the Budget.

More Definitions of Indirect cost

Indirect cost means an amount which is received from the federal government relative to administering an award, contract, or grant made by the federal government.

Indirect cost means those costs incurred for a common or

Indirect cost means the costs incurred by the UN Partner as a function of and in support of the Technical Assistance, which cannot be traced unequivocally to the Technical Assistance. The rate applicable to this Agreement is stated in Annex V;

Indirect cost means those costs incurred for a common of joint purpose benefitting more than one cost objective, and which are not readily assignable to the cost objectives specifically benefited, without effort disproportionate to the results achieved.

Indirect cost means costs that benefit more than one activity of the recipient and not directly assigned to a par- ticular project objective.

Indirect cost means a cost of a general nature which is not readily identifiable with the activities of the School Nutrition Program and incurred for a common or joint purpose benefiting more than one activity or cost objective. In accordance with N.C.G.S. § 115C-450, the LEA may not assess indirect costs to the nonprofit School Nutrition Program if the program does not have a minimum of one-month’s operating balance, based on a rolling three-year average, as authorized by NCDPI.

Indirect cost means costs that benefit more than one activity of the recipient and that may not be directly assigned to a particular project objective.