Recoverable cost definition

Recoverable cost means the state and federal share of the questioned cost.
Recoverable cost means the questioned cost identified from an audit.
Recoverable cost means a cost of a contractor that is recoverable under a petroleum agreement out of the gross revenues from the sale of petroleum;

Examples of Recoverable cost in a sentence

  • Recoverable cost is a contractual or noncontractual program loan expense chargeable to a borrower, property ac- count, or part of the loan subsidy.


More Definitions of Recoverable cost

Recoverable cost means the state and federal share of the questioned cost identified from an audit.
Recoverable cost means a cost of a contractor that is recoverable under a petroleum agreement”.
Recoverable cost means the state share of the questioned cost.
Recoverable cost means the state and federal share of the questioned cost. “Subcontractor” and “subcontractor” means any entity that furnishes to Contractor services or supplies related to this Contract. General Terms and Conditions:‌

Related to Recoverable cost

  • Allowable cost means a cost that complies with all legal requirements that apply to a particular federal education program, including statutes, regulations, guidance, applications, and approved grant awards.

  • Reasonable cost means a cost for a service or item that is con- sistent with the market standards for comparable services or items.