Common use of Budget and Indirect Cost Rate Clause in Contracts

Budget and Indirect Cost Rate. The total amount of this Grant Agreement will not exceed $478,100.00 Grantee is not required to provide matching funds. The total not-to-exceed amount includes the following: Total Federal Funds: $276,100.00 Total State Funds: $202,000.00 All expenditures under the Grant Agreement will be in accordance with Attachment A, Statement of Work and Attachment B, Invoice Submission Requirements. Indirect Cost Rate: (ICR) is attached to this Contract and incorporated as ATTACHMENT J. Grantee must have an approved or acknowledged indirect cost rate in order to recover indirect costs. If the System Agency approves or acknowledges an updated indirect cost rate, the Grant Agreement will be amended to incorporate the new rate (and the new indirect cost rate letter, if applicable) and the budget revised accordingly.

Appears in 1 contract

Samples: Grant Agreement

AutoNDA by SimpleDocs

Budget and Indirect Cost Rate. The total amount of this Grant Agreement will not exceed $478,100.00 582,100.00 Grantee is not required to provide matching funds. The total not-to-exceed amount includes the following: Total Federal Funds: $276,100.00 262,100.00 Total State Funds: $202,000.00 320,000.00 All expenditures under the Grant Agreement will be in accordance with Attachment A, Statement of Work and Attachment B, Invoice Submission Requirements. Indirect Cost Rate: (ICR) is attached to this Contract and incorporated as ATTACHMENT J. Grantee must have an approved or acknowledged indirect cost rate in order to recover indirect costs. If the System Agency approves or acknowledges an updated indirect cost rate, the Grant Agreement will be amended to incorporate the new rate (and the new indirect cost rate letter, if applicable) and the budget revised accordingly.

Appears in 1 contract

Samples: Grant Agreement

Budget and Indirect Cost Rate. The total amount of this Grant Agreement will not exceed $478,100.00 272,100.00 Grantee is not required to provide matching funds. The total not-to-exceed amount includes the following: Total Federal Funds: $276,100.00 178,100.00 Total State Funds: $202,000.00 94,000.00 All expenditures under the Grant Agreement will be in accordance with Attachment A, Statement of Work and Attachment B, Invoice Submission Requirements. Indirect Cost Rate: (ICR) is attached to this Contract and incorporated as ATTACHMENT J. Grantee must have an approved or acknowledged indirect cost rate in order to recover indirect costs. If the System Agency approves or acknowledges an updated indirect cost rate, the Grant Agreement will be amended to incorporate the new rate (and the new indirect cost rate letter, if applicable) and the budget revised accordingly.

Appears in 1 contract

Samples: Grant Agreement

Budget and Indirect Cost Rate. The total amount of this Grant Agreement will not exceed $478,100.00 420,100.00 Grantee is not required to provide matching funds. The total not-to-exceed amount includes the following: Total Federal Funds: $276,100.00 200,100.00 Total State Funds: $202,000.00 220,000.00 All expenditures under the Grant Agreement will be in accordance with Attachment A, Statement of Work and Attachment B, Invoice Submission Requirements. Indirect Cost Rate: (ICR) is attached to this Contract and incorporated as ATTACHMENT J. Grantee must have an approved or acknowledged indirect cost rate in order to recover indirect costs. If the System Agency approves or acknowledges an updated indirect cost rate, the Grant Agreement will be amended to incorporate the new rate (and the new indirect cost rate letter, if applicable) and the budget revised accordingly.

Appears in 1 contract

Samples: Grant Agreement

AutoNDA by SimpleDocs

Budget and Indirect Cost Rate. The total amount of this Grant Agreement will not exceed $478,100.00 448,000.00. Grantee is not required to provide matching funds. The total not-to-exceed amount includes the following: Total Federal Funds: $276,100.00 448,000.00 Total State Funds: $202,000.00 0.00 All expenditures under the Grant Agreement will be in accordance with Attachment A, Statement of Work and Attachment B, Invoice Submission RequirementsBudget, Version 1. Indirect Cost Rate: (ICR) contained within ATTACHMENT B, BUDGET, VERSION 1 and the ICR Letter is attached to this Contract and incorporated as ATTACHMENT J. Grantee must have an approved or acknowledged indirect cost rate in order to recover indirect costs. If the System Agency approves or acknowledges an updated indirect cost rate, the Grant Agreement will be amended to incorporate the new rate (and the new indirect cost rate letter, if applicable) and the budget revised accordingly.

Appears in 1 contract

Samples: Grant Agreement

Budget and Indirect Cost Rate. The total amount of this Grant Agreement will not exceed $478,100.00 282,100.00 Grantee is not required to provide matching funds. The total not-to-exceed amount includes the following: Total Federal Funds: $276,100.00 164,100.00 Total State Funds: $202,000.00 118,000.00 All expenditures under the Grant Agreement will be in accordance with Attachment A, Statement of Work and Attachment B, Invoice Submission Requirements. Indirect Cost Rate: (ICR) is attached to this Contract and incorporated as ATTACHMENT J. Grantee must have an approved or acknowledged indirect cost rate in order to recover indirect costs. If the System Agency approves or acknowledges an updated indirect cost rate, the Grant Agreement will be amended to incorporate the new rate (and the new indirect cost rate letter, if applicable) and the budget revised accordingly.

Appears in 1 contract

Samples: Grant Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!