Cost Collection Sample Clauses

The Cost Collection clause defines how expenses related to a project or contract are identified, recorded, and tracked. Typically, it outlines the procedures for categorizing costs, the documentation required for each expense, and the frequency with which cost reports must be submitted. This clause ensures that all parties have a clear and consistent method for monitoring financial outlays, which helps prevent disputes over payments and supports accurate budgeting and financial management throughout the project.

Cost Collection. Subcontractor shall submit the Cost Collection summary as contained in Attachment 3, outlining the breakdown of cost by each authorized CACN with their invoice package. The Subcontractor shall validate the authorized CACN through HMIS VendReg database located at: ▇▇▇▇▇://▇▇▇▇.▇▇▇▇▇▇▇.▇▇▇/vendreg/ prior to the submission of their monthly invoice package. The Cost Collection summary shall be submitted as a separate document and in an excel format, along with the invoice and any additional back-up documentation required to support the charges being billed.

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Cost Collection. Every two weeks, after payroll journals, labor dilution, fringe dilution, manual dilution, infotech cost distribution, general admin, workers' compensation, overhead, and pension obligation bond allocations have been posted, the DWD Administrative Services Division's Bureau of Finance (BOF) will run an automated allocation process to capture two weeks' worth of new costs on the cost-collection project in Appropriation 12000, distributing them to the grant coding provided by DVR. The offset portion of the entry will be revenue back to ERD in Appropriation 12000. DVR will be charged using an Allotment Line 4 expenditure account for Contractual Services for all ERD effort on this initiative. ERD travel and supplies will be charged directly to the cost collection project.

Cost Collection. Subcontractor shall submit the Cost Collection summary as contained in Attachment 13, outlining the breakdown of cost by each authorized CACN with their invoice package. The Subcontractor shall validate the authorized CACN through HMIS VendReg database located at: ▇▇▇▇▇://▇▇▇▇.▇▇▇▇▇▇▇.▇▇▇/vendreg/ prior to the submission of their monthly invoice package. The Cost Collection summary shall be submitted as a separate document and in an excel format, along with the invoice and any additional back-up documentation required to support the charges being billed. For this subcontract, the Cost Collection summary will be submitted with the “Hours” column left blank as this is an FFP contract. The cognizant BTR will upload the authorized CACNs for vendor charging. The screen will have authorization by Subcontract/release/CACN, with start and end date.

Cost Collection. Every two weeks, after payroll journals, labor dilution, fringe dilution, manual dilution, infotech cost distribution, general admin, workers' compensation, overhead, and pension obligation bond allocations have been posted, the DWD Administrative Services Division's Bureau of Finance (BOF) will run an automated allocation process to capture two weeks' worth of new costs on the cost-collection project in Appropriation 12000, distributing them to the grant coding provided by DVR. The offset portion of the entry will be revenue back to DET in Appropriation 12000. DVR will be charged using an Allotment Line 4 expenditure account for Contractual Services for all DET effort on this initiative. Costs for the one DET employee who is authorized to code time directly to the grant will reach DVR with their original coding, while costs for time coded by any other DET employees will be charged to DVR using the Allotment Line 4 expenditure account for Contractual Services. DET travel and supplies will be charged directly to the cost collection project.

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