APPROVED INDIRECT RATE Sample Clauses

APPROVED INDIRECT RATE. The Recipient has never had a federally approved negotiated indirect rate, and as the National Park Service is the cognizant agency, the Recipient has requested and received approval from the National Park Service of a 10% de minimus MTDC rate per 2 CFR 200.414.
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APPROVED INDIRECT RATE. The Federally negotiated indirect rate to be applied against in this agreement shall be 17.5% (Modified Total Direct Cost [MTDC]). This rate is valid through [Insert DATE]. It is the responsibility of the Recipient to work with their cognizant agency in a timely manner to avoid the expiration of the Federally negotiated rate.
APPROVED INDIRECT RATE. The Federally negotiated indirect rate to be applied to work in Task Agreements and Modifications under this Agreement shall be 17.5% (Modified Total Direct Cost [MTDC]).
APPROVED INDIRECT RATE. The federally negotiated indirect rate plus administrative costs to be applied against this agreement shall not by statute 54 U.S.C. 302902, commonly known as Section 102(e) of the NHPA, exceed 25 percent of the total project cost. Indirect costs will not be allowable charges against this agreement unless specifically included as a line item in the approved budget incorporated into this agreement. If indirect costs are allowable charges, a copy of the Participant’s approved negotiated indirect rate shall be provided to the OHP.

Related to APPROVED INDIRECT RATE

  • Indirect Cost Rates The System Agency may acknowledge an indirect cost rate for Grantees that is utilized for all applicable contracts. Grantee will provide the necessary financial documents to determine the indirect cost rate in accordance with the Uniform Grant Guidance (UGG) and Uniform Grant Management Standards (UGMS).

  • Indirect Costs If indirect costs are charged, the Subrecipient will develop an indirect cost allocation plan for determining the appropriate Grantee share of administrative costs and shall submit such plan to the Grantee for approval.

  • Wage Rate The hourly rates for full-time junior and adult apprentices as set out in this agreement shall apply to school based apprentices except that the school based apprentice for pay purposes will be paid a further 25% of hours to the actual hours worked for off the job training.

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