Indirect Rate definition

Indirect Rate means the indirect rate, defined as a percentage of personnel costs and available at the Development Partner Center website, as such rate may be revised from time to time by the Bank and applied to this Trust Fund, in accordance with its policies and procedures.

Indirect Rate means the indirect rate, defined as a percentage of personnel costs and available at the World Bank’s Donor center secure website, as such rate may be revised from time to time by the Bank and applied to this Trust Fund, in accordance with its policies and procedures.”

Indirect Rate means the rate or percentage by which direct costs are multiplied to determine the indirect costs for a given fee or activity.

Examples of Indirect Rate in a sentence

• Indirect Rate Details: N/ARequires E.O. 12372 ReviewNo, this application does not require E.O. 12372 Review.

• Indirect Rate Details: N/ARequires E.O. 12372 ReviewNo, this application does not require E.O. 12372 Review.Delinquent Federal DebtNo, my organization does not have delinquent federal debt.

• For purposes of this paragraph 3: (i) “staff costs (excluding short term consultants and temporaries)” includes salaries, benefits and the Indirect Rate charged to the Trust Fund as applicable under Bank policies and procedures; and (ii) “short term consultants and temporaries” includes fees and the Indirect Rate charged to the Trust Fund as applicable under Bank policies and procedures.

• The Contractor shall prepare and submit a "Final Indirect Rate Proposal" in accordance with Section I Clause entitled, FAR 52.216-7, Allowable Cost and Payment/DEAR 952.216-7, Allowable Cost and Payment; Alternate II, for the total of net expenditures incurred for the period covered by the Cost Statement.

• The "Indirect Rate" means the indirect rate, defined as a percentage of personnel costs and available at the 'Development Partner Center' website, as such rate may be revised from time to time by the Bank and applied to this Trust Fund, in accordance with its policies and procedures.

• For purposes of this paragraph 3, (i) "staff costs (excluding short term consultants and temporaries)" includes salaries, benefits and the Indirect Rate charged to the Trust Fund as applicable under Bank policies and procedures; and (ii) "short term consultants and temporaries" includes fees and the Indirect Rate charged to the Trust Fund as applicable under Bank policies and procedures.

• A statement concerning whether or not the applicant has received a Negotiated Indirect Rate Cost Agreement from the US Government, currently or in the past.

• Offerors shall identify the specific rate applied to the Government Provided Estimated Cost (G&A rate, Material Handling Rate, or other Indirect Rate supported by the Offeror’s accounting system) in the header row.

• The Contractor shall prepare and submit a “Final Indirect Rate Proposal” in accordance with Section I Clause entitled, FAR 52.216-7, Allowable Cost and Payment/DEAR 952.216-7 entitled, Allowable Cost and Payment, for the total of net expenditures incurred for the period covered by the Cost Statement.

• In some countries, such as Romania, the options are not put on a list but instead in a multi-page brochure.

More Definitions of Indirect Rate

Indirect Rate. The amount paid by the Contractor on behalf of the employee as legislated (such as benefits, PPE, money paid to institutions by the Contractor on behalf of the employee, and compulsory statutory deductions).

Indirect Rate. A single fixed rate that is recalculated annually by Flagstaff that includes all allowable control services costs and is prepared in accordance with the simplified method as prescribed by OMB A-87.