Capitalized Costs. All reimbursed costs must be considered actual capital costs and be capitalized as such on Participant’s books. The costs incurred must be in the performance of the Project Plan and specified on a line item of the Project Budget, as follows:
Capitalized Costs. All reimbursed costs must be considered actual capital costs and be capitalized as such on Manufacturer’s books, as verified by Xxxxxxx and if requested by Grantor. In order to be considered as reimbursable under the Grant, the costs incurred must be: (i) specified in a line item of the Budget, (ii) incurred in the performance of the Project Scope, and (iii) ordered after the submission date of Manufacturer’s and Xxxxxxx’s full grant application. All reimbursable costs must be within a category to be considered as reimbursable under the Grant, and must be specified on a line item of the Budget as follows:
Capitalized Costs. All reimbursed costs must be considered actual capital costs and be capitalized as such on Grantee’s books. In order to be considered as reimbursable under the Grant, the costs incurred must be: (i) specified in a line item of the Project Budget, (ii) incurred in the performance of the Project Plan, and (iii) ordered after the submission date of Xxxxxxx’s full grant application. All reimbursable costs must be within a category to be considered as reimbursable under the Grant, and must be specified on a line item of the Project Budget as follows:
Capitalized Costs. All reimbursed costs must be considered actual capital costs and be capitalized as such on Grantee’s books. The costs incurred must be in the performance of the PS and specified on a line item of the Project Budget, as follows: Capitalized Equipment, Land and Buildings: capital assets purchased in accordance with the Project Budget Capitalized Labor: services performed by Grantee’s employees that are deemed to be capitalizable under the terms of the PS, at the actual Annual Base Salary and Percent Effort for each employee or the percent effort set forth in the Project Budget for the position, whichever is less. Capital Fringe: benefits related to direct labor costs, can either be incurred as a direct expense or an allocated cost with an approved rate, but must be deemed capitalizable. Documentation of Grantee approved rates should be submitted at the time of proposal Capitalized Subcontractors/Consultants: capital services provided by Grantee’s subcontractors/consultants at the actual cost paid for project services which shall not exceed the amount set forth in the Project Budget Capitalized Materials: the cost of capitalized materials purchased which shall not exceed the amounts set forth in the Project Budget Other Capitalized Costs: the cost of capital items purchased, or capital costs incurred which shall not exceed the amounts set forth in the Project Budget Capitalized Indirect Costs. Grantee shall be reimbursed for such capitalized indirect costs (e.g., General and Administrative Overhead) at their government-approved rate. Grantee shall include evidence of their approved indirect cost rate with its first invoice, if not previously provided. If the Grantee’s indirect cost rate changes in any future years, Grantee will provide evidence of the approval of such change with the next applicable invoice.
Capitalized Costs. EQUIPMENT COST UPFRONT SALES TAX TOTAL -------------- ----------------- ----- $2,792,080.00 $0 $2,792,080.00
