MCC Cost Principles definition

MCC Cost Principles means MCC’s Cost Principles for Government Affiliates, as amended from time to time, as published on MCC’s website.
Sample 1
MCC Cost Principles has the meaning given to that term in Section 4.4.
Sample 1
MCC Cost Principles means MCC’s Cost Principles for Government Affiliates, as amended from time to time, as published on MCC’s website at https://www.mcc.gov.
Sample 1

Examples of MCC Cost Principles in a sentence

  • The Applicant fails to observe or perform any terms of the Legal Charge.

  • The MCC Cost Principles may be found on the MCC website athttp://www.mcc.gov/mcc/bm.doc/mcc-2007-cost-principles.pdf, or by entering “Cost Principles Contracts” in the search box of www.mcc.gov.

  • Remuneration of all employees and staff of the Accountable Entity, including the Operations Unit, will be in accordance with the salary grid/scale as approved by the Board and subject to the guidelines set forth in the MCC Cost Principles and the MCC Guidance on MCA Human Resources Procedures and Manuals, if applicable.

  • Reimbursable Amounts 40.1 If this Contract permits re-imbursement of any costs, the re-imbursement amounts shall be limited by and made only in accordance with applicable MCC Cost Principles, which are posted at www.mcc.gov.

  • For contracts that permit reimbursement of any costs, the reimbursement rates shall be limited by applicable MCC Cost Principles.

  • As required by the Audit Guidelines and approved Statement of Work, the auditor will also conduct a review of compliance with the Compact, Procurement Agreement, MCC Cost Principles for Government Affili- ates, Fiscal Agent Agreement, Fiscal Accountability Plan, and other supplemental agreements.

  • Such contracts shall include appropriate incentives to limit costs and shall reference MCC Cost Principles (‘‘MCC Cost Principles’’) found at the MCC Web site, http://www.mcc.gov.

  • In the event that there is a discrepancy between the following language and the current MCC Cost Principles, the latter shall prevail.

  • Remuneration of the Board will be subject to the guidelines set forth in the MCC Cost Principles.

  • The remuneration of each member of the Management Unit will be determined by the Board, provided, however, that such remuneration will be approved in advance by MCC and comply with the Detailed Financial Plan and the standards provided in the MCC Cost Principles, which may be found on the MCC Website.


More Definitions of MCC Cost Principles

MCC Cost Principles means the Cost Principles for Accountable Entity Operations
Sample 1

Related to MCC Cost Principles

  • MacBride Principles means those principles relating to nondiscrimination in employment and freedom of workplace opportunity which require employers doing business in Northern Ireland to:

  • Agreed Principles means the terms set out in Part 1 of Schedule 1;

  • Privacy Shield Principles means the Privacy Shield Principles (as supplemented by the Supplemental Principles) contained in Annex II to the European Commission Decision C(2016)4176 of 12 July 2016 (as may be amended, superseded or replaced).

  • Agreed Accounting Principles means GAAP; provided, however, that, with respect to any matter as to which there is more than one generally accepted accounting principle, Agreed Accounting Principles means the generally accepted accounting principles consistently applied in the preparation of the Latest Audited Company Balance Sheet; provided, further, that, for purposes of the Agreed Accounting Principles, no known adjustments for items or matters, regardless of the amount thereof, shall be deemed to be immaterial.

  • the data protection principles means the principles set out in Part I of Schedule 1 to that Act, as read subject to Part II of that Schedule and to section 27(1) of that Act;

  • Estimated Construction Cost or “ECC” means the amount calculated by Contractor for the total cost of all elements of the Work based on this Agreement available at the time(s) that the ECC is prepared. The ECC shall be based on current market rates with reasonable allowance for overhead, profit and price escalation and shall include and consider, without limitation, all alternates and contingencies, designed and specified by A/E and the cost of labor and materials necessary for installation of Owner furnished equipment. The ECC shall include all the cost elements included in the AACC, as defined above, and shall represent Contractor’s best current estimate of the Guaranteed Maximum Price it will propose for the Project based on the information then available. The ECC shall not include Contractor’s Pre-Construction Phase Fee, A/E’s Fees, the cost of the land and rights-of-way, or any other costs that are the direct responsibility of Owner.

  • Agreement Accounting Principles means generally accepted accounting principles as in effect from time to time, applied in a manner consistent with those used in preparing the financial statements referred to in Section 5.5.

  • Applicable Accounting Principles means, with respect to the Borrower, those accounting principles required by the ICA and prescribed by the SEC for the Borrower and, to the extent not so required or prescribed, GAAP.

  • Direct Construction Cost means the sum of the amounts that the Construction Manager actually and necessarily incurs for General Conditions Costs, Cost of the Work and Construction Manager’s Contingency during the Construction Phase as allowed by this Agreement. Direct Construction Cost does not include Pre-Construction Phase Fees or Construction Phase Fees.

  • Support Cost Rate means the flat rate at which the Partner will be reimbursed by UN Women for its Support Costs, as set forth in the Partner Project Document and not exceeding a rate of 8% or the rate set forth in the Donor Specific Conditions, if that is lower. The flat rate is calculated on the eligible Direct Costs.

  • UK generally accepted accounting principles and practices means the principles and practices prevailing from time to time in the United Kingdom which are generally regarded as permissible or legitimate by the accountancy profession irrespective of the degree of use.

  • Halifax Abuse Principle means the principle explained in the CJEU Case C-255/02 Halifax and others;

  • Principles means the document titled "Cruise Debt Holiday Principles" and dated 26 March 2020 in the form set out in Schedule 1.01(c) to this Agreement (as may be amended from time to time), and which sets out certain key principles and parameters relating to, amongst other things, the temporary suspension of repayments of principal in connection with certain qualifying Loan Agreements (as defined therein) and being applicable to Hermes-covered loan agreements such as this Agreement and more particularly the First Deferred Loans hereunder.

  • Accounting Principles means the international financial reporting standards (IFRS) within the meaning of Regulation 1606/2002/EC (or as otherwise adopted or amended from time to time).

  • Indirect Cost Rate means a device for determining in a reasonable manner the proportion of indirect costs each Program should bear. It is a ratio (expressed as a percentage) of the Indirect Costs to a Direct Cost base. If reimbursement of Indirect Costs is allowable under an Award, Grantor will not reimburse those Indirect Costs unless Grantee has established an Indirect Cost Rate covering the applicable activities and period of time, unless Indirect Costs are reimbursed at a fixed rate.

  • Original Project Cost means the capital expenditure incurred by the Generating Company or the Transmission Licensee, as the case may be, within the original scope of the project up to the cut-off date as admitted by the Commission;

  • Project Cost means the price payable to Service Provider over the entire period of Agreement (i.e. Rs. <in words>) for the full and proper performance of its contractual obligations.

  • Construction Cost means and includes the cost of the entire construction of the Project, including all supervision, materials, supplies, labor, tools, equipment, transportation and/or other facilities furnished, used or consumed, without deduction on account of penalties, liquidated damages or other amounts withheld from payment to the contractor or contractors, but such cost shall not include the Consulting Engineer/Architect's fee, or other payments to the Consulting Engineer/Architect and shall not include cost of land or Rights-of-Way and Easement acquisition.

  • Direct Cost means a cost not to exceed the cost of labor, material, travel and other expenditures to the extent the costs are directly incurred to provide the relevant assistance or service. “Direct Cost” to the Acquirer for its use of any of a Respondent’s employees’ labor shall not exceed the average hourly wage rate for such employee;

  • Historical cost means the actual cost incurred in

  • The Contract Price/Project Cost means the price payable to the Vendor under the Contract for the full and proper performance of its contractual obligations.

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

  • Generally Accepted Accounting Principles means the standards for accounting and preparation of financial statements established by the Federal Accounting Standards Advisory Board (or its successor agency) or any successor standards adopted pursuant to relevant SEC rule.

  • Operating Cost means the costs associated with operating a multifamily development once the project is placed in service.

  • Information Privacy Principles means the information privacy principles set out in the PDP Act.