Cost Limitations. Reimbursement of administrative and operational costs will be made without profit or markup. These costs shall be limited to:
(1) Direct salaries and wages, with payroll taxes and fringe benefits at actual costs, or if prorated to be allocated on an equitable basis;
(2) Telephone charges and necessary travel limited to program specific charges;
(3) Overhead or indirect costs as approved annually in the respective AMATS UPWP line item budget and verified by audit. Such overhead shall be allocated on an equitable basis. Eligibility shall conform to the provisions of 23 CFR 420.113;
(4) Training as approved specifically in the AMATS UPWP or otherwise specifically approved by ADOT&PF and FHWA.
Cost Limitations. (1) HOPE VI Grant funds may be used for eligible expenditures, as authorized under this Grant Agreement and the HOPE VI Requirements. HUD's TDC Limits and HCC Limits apply to the expenditure of public housing funds (including funds provided under this Grant Agreement) for the development of replacement housing units under this Grant Agreement.
(2) If funds provided under this Grant Agreement are used in combination with other HOPE VI funds or with Capital Funds to carry out the Revitalization Plan, the TDC limits and the HCC Limits that apply to this HOPE VI Grant Agreement will apply to the expenditure of all such funds.
Cost Limitations. The total project cost, as indicated in the body of Page 1 of this agreement, is derived from a specific appropriation or funds specifically provided for the particular project described on Page 1. Accordingly it shall be a condition of this agreement that the Designer shall conform his plans to a design, the construction cost of which together with the addition of design fees, shall not exceed the total project cost limitations as set forth in the body of Page 1 of this agreement.
Cost Limitations. (1) Choice Neighborhoods Grant funds may be used for eligible expenditures, as authorized under this Grant Agreement and the Choice Neighborhoods Requirements. HUD’s TDC Limits and HCC Limits apply to the expenditure of public housing funds (including funds provided under this Grant Agreement) for the development of replacement housing units under this Grant Agreement.
(2) If funds provided under this Grant Agreement are used in combination with other public housing funds (including, Choice Neighborhoods funds and Capital Funds) to carry out the Transformation Plan, the TDC limits and the HCC Limits that apply to this Grant Agreement will apply to the expenditure of all such funds.
Cost Limitations. (1) HOPE VI funds may be used for eligible expenditures, as authorized under this Grant Agreement and the HOPE VI Demolition Requirements.
(2) HUD's TDC Limits apply to the expenditure of public housing funds (including funds provided under this Grant Agreement) if they are used in combination with other HUD funds, such as HOPE VI Revitalization Funds or Capital Funds, for any subsequent development of housing units on the site after demolition.
(3) The Grantee will comply with HUD guidance and policies regarding cost controls that establish reasonable costs for administration, planning, technical assistance, fees for architectural and engineering work, and reasonable legal fees. These costs are limited to the incremental costs of implementing the Demolition Activities as specifically approved by HUD.
Cost Limitations. 1. Grantee shall not pledge all or any part of the Grant Funds as security for any loan or debt of any kind except as expressly authorized by Grantor in writing.
2. Grantee will submit a proposed indirect cost rate calculation in accordance with 2 CFR 200. For applicants with indirect rates approved by a ‘cognizant federal agency’, Grantor will accept the approved or provisional rates for use in calculating fully loaded costs. The Indirect Cost Negotiation Agreement letter or similar document from the cognizant agency documenting the approved rates for federal FY2017 shall be provided with the Budget. For Grantees without federally approved indirect rates, a 2 CFR 200-compliant rate application must be submitted with the Budget. A well-written guide for generating a compliant indirect rate calculation may be found at xxxx://xxx.xxx.xxx/oasam/boc/DCD-2-CFR-Guid- Jan2015.pdf. Upon approval by the State, these indirect rates will be applied for the Program year. All costs are subject to reconciliation if provisional rates have been used.
3. Grantee may not use any Grant Funds or Cost Share, with the exception of indirect costs (described below), to pay for property acquisition or lease costs, physical infrastructure improvements or renovations, facility maintenance or operations, or the purchase or lease of capital equipment. Indirect costs are those costs incurred for common or joint objectives and are necessary to the operation and administration of an entity, but cannot be readily identifiable to a specific cost objective or grant. These costs are commonly known as “Facilities & Administrative (F&A) costs,” “General & Administrative (G&A) costs” or “Management & Administrative (M&A) costs.” All facility related costs are to be considered indirect costs. These include, but are not limited to, rents, utilities, janitorial services, grounds maintenance and minor building maintenance. Purchase of real estate, capital improvements and renovations are not allowable as either direct or indirect costs. Depreciation expense and interest on mortgages are allowable as indirect costs pursuant to 2 CFR 200.
Cost Limitations. A cost limitation may be shown for any specific project or task order in the discretion of the CITY. Where shown, the cost limitation is derived from a specific appropriation of funds or purchase order for the project or task order. Accordingly, it shall be a condition of this Agreement that CONSULTANT shall prepare its plans and specifications so that the project or task order cost (including construction estimate or bid, contingencies of 5% and design cost) shall not exceed the stated cost limitation. If at any time during the project design development, or following the receipt of bids, the cost limitation is exceeded, CITY may require that CONSULTANT, at no cost to CITY, revise the design and construction documents as may be necessary to bring the project or task order cost within the cost limitation. Any cost limitations for a project shall be as shown on the specific task order(s) or purchase order.
Cost Limitations. All Project Agreements under this contract shall meet the following cost limitations in accordance with section 287.055, Florida Statutes:
Cost Limitations. Funds will be made available by the WHA to the Contractor consistent with Section C, “Budget/Compensation; and Conditions Thereof “, which defines as costs which are necessary and reasonable for the proper and efficient performance of services under this Agreement.
Cost Limitations. In no event shall the total reimbursement to any individual employee exceed three thousand five hundred ($3,500) dollars for approved courses completed within a calendar year, not to exceed twelve thousand ($12,000) for AFSCME bargaining unit employees in any one fiscal year. In no instance will a refund exceed the employee’s actual expenditures nor will reimbursement be issued for expenses also being reimbursed through other sources (for example, scholarships, G.I. Xxxx, etc.). Employees must remain employed for one (1) year after completion of approved course. In the event the employee leaves prior to the one (1) year timeframe, he/she shall be required to pay back the Road Commission for the said reimbursed course.
