Common use of Allowable Cost Increases Clause in Contracts

Allowable Cost Increases. Only increases in ‘net allowable costs’ will justify augmentation of the daily vehicle rate from one extension year to the next. ‘Allowable costs’ are limited by the following: costs not attributable to the Contractor’s operations under this Contract, costs that are not ordinary and/or reasonable, costs that are not documented, and costs disallowed by the SED and/or BOE auditors are not permitted to justify increases of the daily rate(s) per vehicle. The Director shall have the right to prescribe miscellaneous standardized cost categories for all contractors including the Contractor.

Allowable Cost Increases. Only increases in ‘'net allowable costs’ ' will justify augmentation of the daily vehicle rate from one extension year to the next. ‘'Allowable costs’ ' are limited by the following: costs not attributable to the Contractor’s 's operations under this Contract, costs that are not ordinary and/or reasonable, costs that are not documented, and costs disallowed by the SED and/or BOE auditors are not permitted to justify increases of the daily rate(s) per vehicle. The Director shall have the right to prescribe miscellaneous standardized cost categories for all contractors including the Contractor.

Allowable Cost Increases. Only increases in ‘"net allowable costs’ " will justify augmentation of the daily vehicle rate from one extension year to the next. ‘"Allowable costs’ " are limited by the following: costs not attributable to the Contractor’s 's operations under pursuant to this Contract, costs that which are not ordinary and/or reasonable, costs that which are not documented, and costs disallowed by the SED New York State Education Department and/or BOE auditors are not permitted to justify increases of the daily rate(s) rate per vehicle. The Director and Office of Auditor General shall have the right right, power and authority to prescribe standardized miscellaneous standardized cost categories for all contractors including the Contractorcontractors.