Common use of Specific cases Clause in Contracts

Specific cases. Supplies and consumables which were already in the stock of the beneficiary may be eligible as a direct cost if they are used for the action and fit the definition of direct costs under Article 6.2. Internally invoiced costs β€” Sometimes the use of certain resources is shared between different units of the same legal entity, and the costs of their use are charged through internal invoices. This type of costs may be eligible if their use for the project and the usage is properly recorded. Internally invoiced personnel costs for project specific activities may be eligible if the time worked on the project is substantiated by records covering all the workable time of the relevant personnel. The eligible hourly rate must be calculated based on the actual cost for salaries and social charges incurred by the beneficiary. Internal invoices must not include indirect costs elements or profit margin or mark-up.

Appears in 7 contracts

Samples: General Model Grant Agreement, General Model Grant Agreement, General Model Grant Agreement

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.