Administrative Cost Clause Samples
The Administrative Cost clause defines the expenses incurred by a party for managing, processing, or overseeing certain activities or obligations under an agreement. These costs may include fees for handling paperwork, coordinating services, or managing compliance requirements, and are often specified as either a fixed amount or a percentage of the total contract value. By clearly outlining what constitutes administrative costs and how they are calculated or reimbursed, this clause helps prevent disputes over unexpected charges and ensures transparency in the allocation of overhead expenses.
Administrative Cost. The maximum administrative fees for the Contractor to provide the brokering services under this Contract is , payable in monthly amounts not to exceed a maximum administrative cost of . The first monthly administrative payment for this amendment ls for the month of July 2015. Funds received as part of administrative fees payments during this amendment period shall not be applied to any costs Incurred during any subsequent amendment period.
Administrative Cost. All costs to the CONTRACTOR related to the administration of this Agreement that are non-medical in nature including, but not limited to:
Administrative Cost. 4.1 As established in a separate arrangement between the Parties, i.e. MOU for Administrative Costs of MHSA Housing Program, OCCR will be provided general administrative costs associated with the loan program described in this MOU. This amount will be separate and apart from the $76 million transferred in this MOU.
Administrative Cost. The Trustee shall determine, in a fair and equitable manner, the cost of investing and administering the Plan. Trustee shall allocate such costs to the Eligible Employees and the Participants in a fair and equitable manner, and shall inform Eligible Employees and Participants of the Plan’s administrative fees, if any, which are assessed to Eligible Employees’ and Participants’ Accounts.
Administrative Cost. Cost of administering HSA, PSA and UA funds shall not exceed ten percent 0%) of the total EMSA monies.
Administrative Cost. All costs related to the administration of this Contract.
Administrative Cost. The administrative cost of the documentation and creation of all infrastructure including manpower & hardware resources and bandwidth one time as well as recurring and all other expenses required by the medical facility for the purpose of this Agreement shall be borne by the medical facility.
Administrative Cost. 4.1 OCCR will be provided general administrative costs associated with the program described in this MOU in amount not to exceed 5% of the WPC Housing Fund.
Administrative Cost. The Participant shall also pay to the District to cover legal and engineering expenses incurred by the District in order to lease the Additional Replacement to the Participant (“Administrative Cost”). The Administrative Cost is due upon execution of this Amended Agreement.
Administrative Cost. Contractor will not charge administrative costs for the PAB program.