Common use of Allowable & Unallowable Costs Clause in Contracts

Allowable & Unallowable Costs. Subrecipient shall refer to Section 1.1 and Exhibit A of this Agreement, and 2 CFR §200, as adopted by the USDOE in 34 CFR XXXXX, to determine allowable and unallowable costs. §76.560-76.580. The maximum amount of indirect costs charged to the grant shall be determined by the following formula: Indirect costs= (Restricted indirect cost rate) x (Base) Base: Total direct costs excluding capital expenditures (including equipment as defined in this Section), alterations and renovations, food purchases, personal service contracts and subawards in excess of $25,000 per subcontract/subaward, previously charged indirect costs, and flow through funds. Subrecipients with USDOE as their cognizant agency shall use the Restricted Indirect Cost Rate (RICR) approved by the Ohio Department of Education (ODE) to charge indirect costs to the grant. Subrecipients submitting a provisional rate with their budget are required to upload their final rate approval letter from ODE by June 1, 2023. All indirect costs charged to the grant using the provisional rate shall be reconciled with the final rate no later than June 24, 2023. If necessary, Subrecipients shall request budget modifications and enter offsets in GMS as needed to ensure that the total amount charged to indirect costs aligns with the final rate approved by ODE. For Subrecipients that do not have USDOE as their cognizant agency, the RICR is 8%. Subrecipients charging indirect costs are required to submit documentation in EIGS in accordance with Section 3.1 of this Agreement. Travel. Travel and travel expenses must meet the requirements of OAC 126-1-02 and 2 CFR §200.475 to be considered reimbursable. Mileage reimbursement shall be paid at the lesser of the established federal, state, or local rate. State mileage rates are updated quarterly and posted on the Ohio Office of Budget and Management website (xxxxx://xxx.xxxx.xxx/wps/portal/gov/obm/areas-of-interest/agency-overview/obm-travel-rule/obm-travel-rule). The Department shall reimburse for actual travel expenditures, as allowable, based on the rates for lodging, per diems and meals as set by the federal General Service Administration (GSA).

Allowable & Unallowable Costs. Subrecipient shall refer to Section 1.1 and Exhibit A of this Agreement, and 2 CFR §200, as adopted by the USDOE in 34 CFR XXXXX, to determine allowable and unallowable costs. §76.560-76.580. The maximum amount of indirect costs charged to the grant shall be determined by the following formula: Indirect costs= (Restricted indirect cost rate) x (Base) Base: Total direct costs excluding capital expenditures (including equipment as defined in this Section), alterations and renovations, food purchases, personal service contracts and subawards in excess of $25,000 per subcontract/subaward, previously charged indirect costs, and flow through funds. Subrecipients with USDOE as their cognizant agency shall use the Restricted Indirect Cost Rate (RICR) approved by the Ohio Department of Education (ODE) to charge indirect costs to the grant. Subrecipients submitting a provisional rate with their budget are required to upload their final rate approval letter from ODE by June 1, 20232022. All indirect costs charged to the grant using the provisional rate shall be reconciled with the final rate no later than June 24, 20232022. If necessary, Subrecipients shall request budget modifications and enter offsets in GMS EIGS as needed to ensure that the total amount charged to indirect costs aligns with the final rate approved by ODE. For Subrecipients that do not have USDOE as their cognizant agency, the RICR is 8%. Subrecipients charging indirect costs are required to submit documentation in EIGS in accordance with Section 3.1 of this Agreement. Travel. Travel and travel expenses must meet the requirements of OAC 126-1-02 and 2 CFR §200.475 to be considered reimbursable. Mileage reimbursement shall be paid at the lesser of the established federal, state, or local rate. State mileage rates are updated quarterly and posted on the Ohio Office of Budget and Management website (xxxxx://xxx.xxxx.xxx/wps/portal/gov/obm/areas-of-interest/agency-overview/obm-travel-rule/obm-travel-rule). The Department shall reimburse for actual travel expenditures, as allowable, based on the rates for lodging, per diems and meals as set by the federal General Service Administration (GSA).

Allowable & Unallowable Costs. Subrecipient shall refer to Section 1.1 and Exhibit A of this Agreement, and 2 CFR §200, as adopted by the USDOE in 34 CFR XXXXX, to determine allowable and unallowable costs. §Indirect Costs. Indirect costs charged to the Grant shall be in accordance with 34 CFR 303.225(c) and 34 CFR 76.560-76.580. The maximum amount of indirect costs charged to the grant shall be determined by the following formula: Indirect costs= costs = (Restricted indirect cost rate) x × (Base) Base: Total direct costs excluding of the grant minus capital expenditures (including equipment as defined in this Section)outlays, alterations and renovations, food purchases, personal service contracts and subawards in excess of $25,000 per subcontract/subaward, previously charged indirect costssubgrants, and flow through fundsother distorting or unallowable items as specified in the grantee's indirect cost rate agreement) If a grantee uses a restricted indirect cost rate, the general management and fixed costs covered by that rate must be excluded by the grantee from the direct costs it charges to the grant. See 34 CFR 76.569. Subrecipients with USDOE as their cognizant agency shall use the Restricted Indirect Cost Rate (RICR) approved by the Ohio Department of Education and Workforce (ODEDEW) to charge indirect costs to the grant. Subrecipients submitting a provisional rate with their budget are required to upload their final rate approval letter from ODE DEW by June 1, 20232025. All indirect costs charged to the grant using the provisional rate shall be reconciled with the final rate no later than June 24, 20232025. If necessary, Subrecipients shall request budget modifications and enter offsets in GMS as needed to ensure that the total amount charged to indirect costs aligns with the final rate approved by ODEDEW. For Subrecipients that do not have USDOE as their cognizant agency, the RICR is 8%% unless the subrecipient can validate that their negotiated rate meets the requirements of a RICR as outlined in 34 CFR 76.564 – 34 CFR 76.569. Subrecipients charging indirect costs are required to submit documentation in EIGS GMS in accordance with Section 3.1 3.2 of this Agreement. Travel. Travel and travel expenses must meet the requirements of OAC 126-1-02 and 2 CFR §200.475 to be considered reimbursable. Mileage reimbursement shall be paid at the lesser of the established federal, state, or local rate. State mileage rates are updated quarterly and posted on the Ohio Office of Budget and Management website (xxxxx://xxx.xxxx.xxx/wps/portal/gov/obm/areas-of-interest/agency-overview/obm-travel-rule/obm-travel-rule). The Department shall reimburse for actual travel expenditures, as allowable, based on the rates for lodging, per diems and meals as set by the federal General Service Administration (GSA).

Allowable & Unallowable Costs. Subrecipient shall refer to Section 1.1 and Exhibit A of this Agreement, and 2 CFR §200, as adopted by the USDOE in 34 CFR XXXXX, to determine allowable and unallowable costs. §76.560-76.580. The maximum amount of indirect costs charged to the grant shall be determined by the following formula: Indirect costs= (Restricted indirect cost rate) x (Base) Base: Total direct costs excluding capital expenditures (including equipment as defined in this Section), alterations and renovations, food purchases, personal service contracts and subawards in excess of $25,000 per subcontract/subaward, previously charged indirect costs, and flow through funds. Subrecipients with USDOE as their cognizant agency shall use the Restricted Indirect Cost Rate (RICR) approved by the Ohio Department of Education (ODE) to charge indirect costs to the grant. Subrecipients submitting a provisional rate with their budget are required to upload their most recently approved provisional or final restricted indirect cost rate letter from ODE when creating budgets in GMS. Subrecipients must submit final rate approval letter letters from ODE by no later than June 1, 20232022 for FY22 and June 1, 2023 for FY23. All indirect costs charged to the grant using the a provisional rate shall be reconciled with the final rate no later than June 24, 202324 of each grant year. If necessary, Subrecipients shall request budget modifications and enter offsets in GMS as needed to ensure that the total amount charged to indirect costs aligns with the final rate approved by ODE. For Subrecipients that do not have USDOE as their cognizant agency, the RICR is 8%. Subrecipients charging indirect costs are required to submit documentation in EIGS GMS in accordance with Section 3.1 of this Agreement. Travel. Travel and travel expenses must meet the requirements of OAC 126-1-02 and 2 CFR §200.475 to be considered reimbursable. Mileage reimbursement shall be paid at the lesser of the established federal, state, or local rate. State mileage rates are updated quarterly and posted on the Ohio Office of Budget and Management website (xxxxx://xxx.xxxx.xxx/wps/portal/gov/obm/areas-of-interest/agency-overview/obm-travel-rule/obm-travel-rule). The Department shall reimburse for actual travel expenditures, as allowable, based on the rates for lodging, per diems and meals as set by the federal General Service Administration (GSA).