Allowable Expenditures. Allowable Expenditures as described below are certain direct costs of securing the Property under the Project, including:
(i) purchase price of the Property as determined by an AACI-accredited appraisal and in accordance with the appraisal practices outlined in the Canadian Land Trust Standards and Practices 2019 or Guide des bonnes pratiques en intendance privée: aspects juridiques et organisationnels;
(ii) associated costs (costs necessary to secure the Property) including, but not limited to:
1. travel expenditures that are necessary to the successful completion of the project;
2. salaries and wages, including all existing benefits for employees and contract staff, and mandatory employment-related expenditures, including all staff time necessary for planning, negotiating, managing, coordinating and completing theproject;
3. costs associated with contractors engaged to undertake the project activities, such as general labourers, or researchers;
4. materials and supplies expenditures;
5. equipment rentals;
6. vehicle rental, lease, and operation expenditures;
7. the portion of the cost to lease office space that may be requested in LTCF funds is calculated as 5% of the organization’s occupancy cost, as reported on line 4850 of the most recent T4033 - CRA Registered Charity Information Return, to a maximum of $3,000;
8. communication and printing, production, and distribution expenditures;
9. costs associated with management and professional services required to support a project;
10. costs associated with associated with eligible land planning, Land Securement and stewardship initiatives and Projects such as, land costs, appraisals, surveys, baseline documentation, land transfer tax.
(iii) other direct costs necessary for the securement of the Property that may be agreed to in writing by NCC from time to time upon confirmation from ECCC.
(iv) See Chart 1 – Expense Eligibility under the NHCP-LTCF – Large Grants Guidelines (2021-2022), for full details on eligible expenses.
Allowable Expenditures. The Recipient agrees that SSHRC payments shall be applied only to allowable and eligible expenditures, as described in the grant application, the letter of award and the Tri-Agency Financial Administration Guidelines. The Parties agree to return any unused funds to the Network Host, for return to SSHRC at the end of the grant period.
Allowable Expenditures. Grantee shall only be reimbursed for “Allowable Expenditures” actually and previously incurred by Grantee. “Allowable Expenditures” are Project expenditures that are:
4.3.1. Directly related to the installation of Broadband Infrastructure that facilitates 25/3 Broadband;
4.3.2. Utilized for the installation of Broadband Infrastructure in Targeted Service Areas identified in the Application/forming the basis of the Project (except and solely to the extent as otherwise permitted by an exception granted to a Grantee by the Office as part of the Application process, as permitted by and in accordance with Iowa Administrative Code chapter 129—22 and the NOFA);
4.3.3. Within the specific categories of expenditures set forth on and permitted by the Budget Plan;
4.3.4. Not incurred prior to the date of the issuance of this NOFA. Allowable Expenditures do not include expenditures that are:
4.3.5. Related to land buildings, structures, improvements, or equipment not directly used in the transmission of data via Broadband;
4.3.6. Related to the process of removing existing Broadband Infrastructure, fixtures, or other real property in preparation of the installation of the Broadband Infrastructure;
4.3.7. Indirect labor costs and/or administrative overhead;
4.3.8. Passthrough expenditures with respect to Grantee Contractors to the extent they are not the result of arm’s length transactions or are not reflective of fair-market rates. The Office may deny a request for reimbursement for any expenditures that do not constitute Allowable Expenditures, and Grantee shall not otherwise be entitled to reimbursement for any such expenditures.
Allowable Expenditures a. CMS and EOHHS shall jointly determine the Adjusted Service Expenditures and the Adjusted Non-Service Expenditures, based on encounter data, cost data, and financial reporting data submitted by the Contractor (as required by Section 4.6.B.4 below, and Section 2.15-2.17 of this Contract). CMS and EOHHS reserve the right to audit Actual and Adjusted Service and Non-Service Expenditure data.
b. CMS, EOHHS, and the Contractor agree that to the extent there are differences in expenditure data reported across various sources, including the encounter, cost, financial reporting, or other data submitted by the Contractor, CMS, EOHHS and the Contractor will confer and make a good faith effort to reconcile those differences before the calculation of the interim and final settlements. The review procedures may include a review of the Contractor’s encounter data and/or audit, to be performed by the CMS and/or EOHHS, or either party’s authorized agents, to verify that all paid claims for Enrollees by the Contractor are for Covered Services and/or that provider reimbursement is not excessive.
c. EOHHS and CMS reserve the right to adjust expenditures for services that are reimbursed at more than 5% above the average reimbursement rate of all ICOs. Notwithstanding any contractual provision or legal right to the contrary, the Contractor agrees that there shall be no redress against CMS or EOHHS for a determination to adjust or a failure to adjust expenditures for services of any ICO. Aggregate Risk Sharing Corridors The Demonstration will utilize a tiered Contractor-level symmetrical risk corridor to include all Medicare A/B and Medicaid eligible Adjusted Service and Non-Service Expenditures. The risk corridors will be reconciled after application of any HCRP or risk adjustment methodologies (e.g. CMS-HCC), and as if all Contractors had received the full quality withhold payment. Risk Corridor Share The Medicare and Medicaid contributions to risk corridor payments or recoupments will be in proportion to their contributions to the Adjusted Capitation Rate Revenue. Medicare will participate in risk corridor payments/recoupments of 1.1% through 8.9% of Contractor gains or losses. All remaining payments or recoveries once Medicare has reached its maximum shall be treated as Medicaid expenditures eligible for FMAP. Losses and gains will be determined using the Risk Corridor Percentage.
Allowable Expenditures. Subject to the terms of this Agreement and in accordance with Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Rewards; 2 C.F.R. Part 200 et seq., the Historic Preservation Fund Grant Manual (most recent edition) and the Grant Manual, the Subgrantee shall be reimbursed for no more than 100% of the costs incurred in connection with the Project Work undertaken following the execution of this Agreement. Any Project Work expenditure incurred in the current fiscal year shall be fully documented by the Subgrantee. Likewise, any expenditure incurred in a subsequent fiscal year shall be fully documented by the Subgrantee. Every request for reimbursement shall be submitted to the Grantee on a form prescribed by the Grantee and appropriate documentation shall be appended to the request. No expenses incurred for Project Work prior to the effective date of this Agreement or subsequent to the End Date shall be eligible for reimbursement. Only direct expenditures for Project Work are eligible for reimbursement. Indirect expenditures are not eligible for reimbursement and the Grantee will automatically eliminate any expenses it deems to be an indirect expenditure from the Subgrantee’s reimbursement requests. Furthermore, the Subgrantee shall not be entitled to reimbursement for any costs the Grantor in its sole judgment deems unallowable. In no event, however, shall the Grantee's obligation to provide reimbursement for allowable expenditures exceed the Award.
Allowable Expenditures. 7.01 Subject to the terms, provision and conditions hereof, Partner shall receive funding hereunder related to the Project:
(a) Define what Project costs are allowable
7.02 Upon preparation of Plans and budget for Project by Partner, Partner shall submit said budget to City for approval of any costs to be paid from funds received hereunder. Costs shall be considered allowable only if so approved in Partner’s Project budget, or otherwise approved in advance by City in writing, and incurred directly and specifically in the performance of and in compliance with this Agreement and with all City, state and federal laws; regulations and ordinances affecting Partner's operations.
7.03 Only the following categories of costs shall be considered allowable expenditures under this Agreement (“Allowable Expenditures”):
(A) The cost and expense of constructing the Project, including the payments made under any construction contracts related thereto;
(B) If applicable: The cost and expense incurred with respect to any construction change orders approved by the City as required in Section 2.05;
(C) The cost and expense incurred in designing the Project, including payments made to any architectural firm or engineering firm employed by Partner for the design of the Project that satisfy the requirements of this Agreement;
(D) The cost and expense of evaluating the site conditions pertinent to the design and construction of the Project, including without limitation soil reports, environmental reports, surveys, and geotechnical reports;
(E) Costs or fees paid for consultant and/or professional services incurred in connection with the Project or Partner’s performance under this Agreement; and
(F) Advertising expenses related to bidding of construction contracts, compliance with any API, goals or API Plans adopted by the City’s SBEDA or other notices required by law or this Agreement. Expenditures of the funds provided under this Agreement shall only be allowed if incurred directly and specifically in the performance of and in compliance with this Agreement, for the public purpose/public use stated herein, and in compliance with all applicable City, state and federal laws, regulations and/or ordinances.
7.04 The following shall not be Allowable Expenditures under this Agreement:
(A) Personnel costs, salaries or wages paid directly by Partner or other similarly -affiliated organization;
(B) Travel and travel-related expenses;
(C) Costs or fees for consultant and/or professional s...
Allowable Expenditures. All expenditures made with funds provided under this subaward must be exclusively for allowable program expenditures incurred during the period of this subaward.
Allowable Expenditures. Grantee shall only be reimbursed for “Allowable Expenditures” actually and previously incurred by Grantee. “Allowable Expenditure(s)” mean Project-related expenditures that are:
Allowable Expenditures. Grantee shall only utilize the funding for approved and allowable costs. If Grantee requests to utilize funds for an expense not documented on the approved cost reimbursement budget, Grantee shall notify, in writing, the System Agency assigned Contract Manager and request approval prior to utilizing the funds. System Agency shall provide written notification regarding if the requested expense is approved.
Allowable Expenditures. No request for payment will be honored for those expenditures incurred before the commencement date of the agreement, or after termination of such agreement, unless otherwise agreed upon in writing (see agreement provision, Section 2.b., "PERFORMANCE,").
