Common use of Cost Limitations Clause in Contracts

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. 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 420.113420.1131(c); (4) Training as approved specifically in the AMATS UPWP or otherwise specifically approved by ADOT&PF and FHWA.