Appropriate Expenditures Sample Clauses
The "Appropriate Expenditures" clause defines which costs or expenses are considered acceptable and reimbursable under an agreement. It typically outlines the types of expenditures that are permitted, such as travel, materials, or labor, and may specify any limits, approval requirements, or documentation needed for reimbursement. This clause ensures that both parties have a clear understanding of what spending is allowed, helping to prevent disputes over unauthorized or excessive costs.
Appropriate Expenditures. Budgets must not contain line items that are or will be reimbursed/paid by another source of funding during the period covered by this Agreement. Unexpended funds for a fiscal year shall not be carried over to another fiscal year. Agreement expenditures reimbursed by DOR must be reported as federal funds in the contractor’s accounting records and on the Schedule of Federal Awards under the CFDA # listed for this Agreement and prepared for the Title 2 Code of Federal Regulations, Part 200 (2 CFR 200) Single Audit.
Appropriate Expenditures. Budgets must not contain line items that are or will be reimbursed/paid by another source of funding during the period covered by this Agreement. Budgeted amounts that have not been utilized during a fiscal year shall not be carried over to another fiscal year.