Examples of Administrative Fees in a sentence
For the fiscal year ended June 30, 2012, the impact of this reclassification was an increase in Administrative fees and expenses by $141 million and a corresponding decrease in Project-related disbursements.
Administrative fees are considered earned when services are provided.
Administrative fees must be itemized into the appropriate budget categories and not reflected as an overall percentage.
In particular, certain administrative expenses that were previously reported under Project- related disbursements are now reported under Administrative fees and expenses (previously “Administrative fees”).
Note 9 - Administrative fees and expensesTo assist in the defrayment of the costs incurred by the Bank for the administration, supervision and oversight of modified cash basis trust funds, the Bank, charges administrative fees and expenses as applicable, pursuant to legal agreements with donors.