Allowability of Costs Sample Clauses

Allowability of Costs. To be allowable under an award, costs must meet the criteria of 2 CFR § 200.403, which provides that costs must be necessary and reasonable for the performance of the award, must conform to limitations in the award or 2 CFR Part 200 as to types or amounts of cost items, must be consistent with policies and procedures that apply uniformly to both Federally financed and other activities of the recipient, must be adequately documented, and must not be included as a cost or used to meet cost share or matching requirements of any other Federally financed program. Furthermore, the costs must be accorded consistent treatment in like circumstances as either direct or indirect costs in order to avoid the double-charging of Federal awards (see 2 CFR § 200.403(d) and § 200.412).
AutoNDA by SimpleDocs
Allowability of Costs. All costs claimed by Maintenance Contractor under this Section 14 must be allowable, allocable and reasonable in accordance with the cost principles and procedures of 48 CFR Part 31.
Allowability of Costs. All costs claimed by DB Contractor under this Section 15 must be allowable, allocable and reasonable in accordance with the cost principles and procedures of 48 CFR Part 31.
Allowability of Costs. All costs claimed by Maintenance Contractor under this Section 14 must be allowable, allocable and reasonable in accordance with the cost principles and procedures of 48 CFR Texas Department of Transportation US 77 from Kingsville to Driscoll November 15, 2012 78 RFP Addendum 4 Capital Maintenance Agreement
Allowability of Costs. 139138 SECTION 16. DEFAULT; REMEDIES 140139 16.1 Default of DB Contractor 140139 16.2 TxDOT Remedies for DB Contractor Default 142141 16.3 Event of Default Due Solely to DB Contractor’s Failure to Achieve Completion Deadlines 145144 16.4 Right to Stop Work for Failure by TxDOT to Make Undisputed Payment 146145 SECTION 17. LIQUIDATED DAMAGES, LANE RENTAL FEES AND LIMITATION OF LIABILITY 147146 17.1 Liquidated Damages Respecting Delays 147146 17.2 Liquidated Damages Respecting Lane Closures and Lane Rental Fees 147146
Allowability of Costs. All costs claimed by DB Contractor under this Section 14 must be allowable, allocable and reasonable in accordance with the cost principles and procedures of 48 CFR Part 31. Texas Department of Transportation - 98 - Execution Version I-635 LBJ East Project Capital Maintenance Agreement
AutoNDA by SimpleDocs
Allowability of Costs. All costs claimed by Fabricator under this Section 12 shall be allowable, allocable and reasonable in accordance with the cost principles and procedures of 48 CFR Part 31.
Allowability of Costs. All costs claimed by TSP under this Section 15 shall be allowable, allocable and reasonable in accordance with the cost principles and procedures of 48 CFR Part 31.
Allowability of Costs. All costs claimed by the Contractor under this “Termination for Convenience” clause shall, at a minimum, be allowable, allocable, and reasonable in accordance with the cost principles and procedures of 48 CFR Part 31.
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!