Allowable and Eligible Costs Sample Clauses

Allowable and Eligible Costs. Expenses charged against awards under the Agreement may not be incurred prior to the beginning of the Agreement, and may be incurred only as necessary to carry out the approved objectives, scope of work and budget with prior approval from the NPS AO. The Cooperator shall not incur costs or obligate funds for any purpose pertaining to the operation of the project, program, or activities beyond the expiration date stipulated in the award.
AutoNDA by SimpleDocs
Allowable and Eligible Costs. Expenses charged to funds provided under this agreement may not be incurred prior to the beginning date specified above or subsequent to the date, and may be incurred only as necessary to carry out the approved objectives, scope of work and budget. If travel costs are charged to this Agreement, SBCIC and its contractors must follow the travel policies in the Standardized Government Travel Regulations and must not exceed these standard rates. All charges for travel must conform to OMB Circular A-122 standards. Vehicle charges are executed at the US Federally approved rate.
Allowable and Eligible Costs. Expenses charged to grant funds may not be incurred prior to the beginning date specified above or subsequent to the grant end date, and may be incurred only as necessary to carry out the approved scope of work and budget. All expenses charged to the grant must be: directly related to the approved scope of work and budget; eligible in accordance with OMB Circular A-122; and supported by approved contracts, purchase orders, requisitions, bills or other evidence of liability and proof of payment, consistent with generally established purchasing procedures and generally accepted accounting principles. If travel costs are charged to this grant, the Grantee and its contractors must follow their own established travel policies or the travel policies of the Ohio Historical Society as established in the “Ohio Historical Society Travel and Entertainment Policy and Procedures, Effective 7/1/2007,” whichever are more strict. Mileage reimbursement is currently allowed at $0.40 per mile, under Ohio Historical Society policy. A copy of the Ohio Historical Society policy will be provided upon request.
Allowable and Eligible Costs. Expenses charged against awards under the Agreement may not 705 be incurred prior to the beginning of the Start Date of the Agreement, and may be incurred only 706 as necessary to carry out the approved objectives, scope of work and budget with prior approval 707 from the NPS AO. The Recipient shall not incur costs or obligate funds for any purpose 708 pertaining to the operation of the project, program, or activities beyond the expiration date 709 stipulated in the award. 710
Allowable and Eligible Costs. Expenses charged against awards under the Agreement may be incurred only as necessary to carry out the approved objectives, scope of work, and budget.

Related to Allowable and Eligible Costs

  • Eligible Costs II.14.1 Eligible costs of the action are costs actually incurred by a beneficiary, which meet the following criteria: – they are incurred during the duration of the action as specified in Article I.2.2 of the agreement, with the exception of costs relating to final reports and certificates on the action’s financial statements and underlying accounts; – they are connected with the subject of the agreement and they are indicated in the estimated overall budget of the action; – they are necessary for the implementation of the action which is the subject of the grant; – they are identifiable and verifiable, in particular being recorded in the accounting records of a beneficiary and determined according to the applicable accounting standards of the country where the beneficiary is established and according to the usual cost-accounting practices of the beneficiary; – they comply with the requirements of applicable tax and social legislation; – they are reasonable, justified, and comply with the requirements of sound financial management, in particular regarding economy and efficiency. The beneficiaries’ accounting and internal auditing procedures must permit direct reconciliation of the costs and revenue declared in respect of the action with the corresponding accounting statements and supporting documents.

  • Allowable Costs Allowable Costs are restricted to costs that comply with the Texas Uniform Grant Management Standards (UGMS) and applicable state and federal rules and law. The Parties agree that all the requirements of the UGMS apply to this Contract, including the criteria for Allowable Costs. Additional federal requirements apply if this Contract is funded, in whole or in part, with federal funds.

  • Ineligible Costs ‘Ineligible costs’ are:

Time is Money Join Law Insider Premium to draft better contracts faster.