General and Administrative Costs on Direct Labor Sample Clauses

General and Administrative Costs on Direct Labor. The Development Manager shall recover general and administrative costs associated with Direct Labor. A percentage (G&A Percentage) of 36% shall be applied to the Development Manager's Direct Labor charged to CapX. Costs considered to be General and Administrative costs recovered through the 36% G&A Percentage adder and not reimbursed by the Participants if directly assigned to CapX include, but are not limited to the following: Administrative Temporary Labor Employee Procurement Office Supplies Office Consulting Administrative travel and training Telephone Computer Hardware and Software Headquarter Building and Grounds – Interest, depreciation, taxes and insurance Headquarter Building and Grounds – Miscellaneous Expense Office furniture, equipment, and computer hardware/software depreciation Other Office Expense (less than 2% of all G&A expenses) Insurance premium expense corresponding to policies of insurance required to be maintained by the Development Manager pursuant to Section 4.7.1 of this Agreement (other than worker's compensation insurance expense addressed under Section 2 of this Appendix C above), but only if any such insurance policy (or any endorsement or rider thereto) is maintained in the ordinary course of business of the Development Manager, and was not purchased solely for the purpose of meeting the Development Manager's insurance coverage obligation set forth in Section 4.7.1 of this Agreement. Costs and expenses of the insurance included in the G&A Percentage specifically do not include any costs and expenses paid or payable by the Development Manager (i) with respect to deductibles, co-insurance or self insured retentions, or (ii) to obtain any endorsements necessary to designate any Participant (other than the Development Manager) as an additional insured. In addition, the following types of departments of the Development Manager are considered General and Administrative. Therefore, an individual working in any of these departments should not directly assign their time to CapX, as this type of direct labor is non-reimbursable. In lieu of direct charging, the Development Manager shall use the 36% G&A Percentage calculation. Accounting Budgeting Finance Administrative Office Services Human Resources Information Technology Purchasing Building and Grounds – Headquarters APPENDIX D
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Related to General and Administrative Costs on Direct Labor

  • Minor and Administrative Errors A Competent Authority shall notify the Competent Authority of the other Party when the first-mentioned Competent Authority has reason to believe that administrative errors or other minor errors may have led to incorrect or incomplete information reporting or resulted in other infringements of this Agreement. The Competent Authority of such other Party shall apply its domestic law (including applicable penalties) to obtain corrected and/or complete information or to resolve other infringements of this Agreement.

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  • COST PRINCIPLES AND ADMINISTRATIVE REQUIREMENTS A. CONSULTANT agrees that the Contract Cost Principles and Procedures, 48 CFR, Federal Acquisition Regulations System, Chapter 1, Part 31.000 et seq., shall be used to determine the cost allowability of individual items.

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