Eligible cost definition

Eligible cost means as applied to a qualified project to be financed from the federal accounts, the costs that are permitted under applicable federal laws, requirements, procedures, and guidelines in regard to establishing, operating, and providing assistance from the bank. As applied to a qualified project to be financed from the state highway account, these costs include the costs of preliminary engineering, traffic and revenue studies, environmental studies, right‑of‑way acquisition, legal and financial services associated with the development of the qualified project, construction, construction management, facilities, and other costs necessary for the qualified project. As applied to any qualified project to be financed from the state transit account, eligible project costs are limited to capital expenditures for transit equipment and facilities.

Eligible cost or “Eligible Purchase” means the amount of loan proceeds used for the acquisition of heavy duty diesel vehicles or equipment necessary to become compliant with the ARB's Statewide In- Use Truck and Bus Regulations defined in section 2025, title 13, of the California Code of Regulations. In addition, heavy duty vehicles fueled by electric, natural gas, or hybrid engines in compliance with the emissions standards set by ARB may be considered an Eligible Purchase.

Eligible cost means as applied to a qualified project to be financed from the Rural Infrastructure Fund, the costs that are permitted under applicable laws, requirements, procedures, and guidelines in regard to establishing, operating, and providing assistance from the authority.

Examples of Eligible cost in a sentence

• Funding Source Section of Statute CFDA Number Amount 5307 - Urbanized Area Formula Grants (2013 and forward) 5307-2A 20507 $50,000 Local $12,500 Local/In-Kind $0 State $0 State/In-Kind $0 Other Federal $0 Transportation Development Credit $0 Total Eligible Cost $62,500 Milestone Name Est.

• Funding Source Section of Statute CFDA Number Amount 49 USC 5307 - (MAP 21) Urbanized Area Formula (FY2013 and forward) 5307-2A 20507 $50,000 Local $50,000 Local/In-Kind $0 State $0 State/In-Kind $0 Other Federal $0 Transportation Development Credit $0 Adjustment $0 Total Eligible Cost $100,000 Milestone Name Est.

• Funding Source Section of Statute CFDA Number Amount 49 USC 5307 - (MAP 21) Urbanized Area Formula (FY2013 and forward) 5307-2A 20507 $100,000 Local $25,000 Local/In-Kind $0 State $0 State/In-Kind $0 Other Federal $0 Transportation Development Credit $0 Adjustment $0 Total Eligible Cost $125,000 Milestone Name Est.

• Propulsion Fuel Type Vehicle Condition Vehicle Size (ft.) N/A Compressed Natural Gas New 30 Funding Source Section of Statute CFDA Number Amount FHWA Transfer to 5307 Urbanized Area Formula Grants 5307-3 20507 $505,000 Local $65,428 Local/In-Kind $0 State $0 State/In-Kind $0 Other Federal $0 Transportation Development Credit $0 Total Eligible Cost $570,428 Milestone Name Est.

• Section of Statute CFDA Number Amount 5307 - Urbanized Area Formula Grants (2013 and forward) 5307-2A 20507 $50,000 Local $12,500 Local/In-Kind $0 State $0 State/In-Kind $0 Other Federal $0 Transportation Development Credit $0 Adjustment $0 Total Eligible Cost $62,500 Milestone Name Est.

More Definitions of Eligible cost

Eligible cost means a cost eligible for financing under the Program as outlined in Section 7.1 and includes the Capital Costs, Incidental Costs, and Professional Service costs for the Project.

Eligible cost means and include, whether incurred before or after the date of this Agreement, all costs which have been incurred and qualify for Financial Assistance, including engineering, financing and legal costs related thereto.

Eligible cost means the cost of all labor, material, machinery, equipment, loan initiation and service fees, facility planning, design and construction engineering services, legal fees and expenses related to the project; capitalized interest during construction of the project; and construction and rehabilitation of all or part of a project included in the funding request placed on the draft IUP as a fundable project, subject to approval by the commission.

Eligible cost means a project cost that is eligible for funding under this chapter and the terms of the grant or loan agreement.

Eligible cost means the costs described in Schedule 2.

Eligible cost means any cost of a project authorized by law to be financed from the proceeds of general obligation bonds of a governmental unit.

Eligible cost means the cost of that portion of a water pollution control facility that can be financed under this chapter excluding any portion of a facility's cost attributable to capacity that is in excess of that reasonably required to address one hundred ten percent of the applicant's needs for water pollution control existing at the time application is submitted for assistance under this chapter.