Administrative Cost Limit. The Contractor’s total administrative costs cannot exceed 10% of the maximum reimbursable amount. Administrative costs are defined as the costs incurred for usual and recognized overhead, including established indirect cost, management and oversight of specific programs funded under this contract and other types of program support such as quality assurance, quality control, and related activities. Examples of administrative costs include: • Salaries and related fringe benefits for accounting, secretarial, and management staff, including those individuals who produce, review and sign monthly program and fiscal reports • Consultants who perform administrative, non-service delivery functions • General office supplies • Travel costs for administrative and management staff • General office printing and photocopying • General liability insurance and • Audit fees.
Administrative Cost Limit. The Contractor’s total administrative costs cannot exceed 10% of the maximum direct costs amount. Administrative costs are defined as the DocuSign Envelope ID: 89A1A7B7-2D82-4337-A826-E83AA268B125 costs incurred for usual and recognized overhead, including established indirect cost, management, and oversight of specific programs funded under this contract and other types of program support such as quality assurance, quality control, and related activities. Examples of administrative costs include: • Salaries and related fringe benefits for accounting, secretarial, and management staff, including those individuals who produce, review, and sign monthly program and fiscal reports • Consultants who perform administrative, non-service delivery functions • General office supplies • Travel costs for administrative and management staff • General office printing and photocopying • General liability insurance and • Audit fees.
Administrative Cost Limit. The Contractor’s total administrative costs cannot exceed 10% of the Maximum Reimbursable Amount. Administrative costs are defined as the costs incurred for usual and recognized overhead, including established indirect rates for agencies; management and oversight of specific programs funded under this contract; and other types of program support such as quality assurance, quality control, and related activities. Examples of administrative costs include: • Salaries and related fringe benefits for accounting, secretarial, and management staff, including those individuals who produce, review and sign monthly program and fiscal reports; • Consultants who perform administrative, non-service delivery functions; • General office supplies; • Travel costs for administrative and management staff; • General office printing and photocopying; • General liability insurance; and • Audit fees. Administrative costs can be direct or indirect. Direct costs are costs that can be directly charged to the program and which are incurred in the provision of direct services. Indirect costs are defined as the administrative costs that are incurred for common or joint activities that cannot be identified specifically with a particular project or program.
Administrative Cost Limit. No more than 5% of the recipient’s award may be used for direct administrative costs. Records pertaining to this award under 2 C.F.R. 200.334 and 34 C.F.R. 76.730, including financial records related to use of grant funds, must be retained separately from the LEAs original XXXX I funds awarded in 2020. Xxxx Xxxxxxx CARES Educational Specialist, USBE Xxxxx Xxxxx Director of Strategic Initiatives, USBE Xxxxx Xxxxxx Governor’s Office of Planning and Budget xxxxxxxxxxx@xxxx.xxx Contact Information for LEA Representative Name: Xxxxx Xxxxx Position & Office: Business Administrator Address: 000 Xxxxx 000 Xxxx, Xxxxxxxx Xxxxx, XX 00000 Telephone: 000-000-0000 Email address: xxxxxxxxxx@xxxxxxxxxxxxx.xxx Xxxx Xxxxxxx Charter School
