Common use of Cost Reimbursement Subaward Clause in Contracts

Cost Reimbursement Subaward. 5.1.1.1 County and Subrecipient agree that this is a cost reimbursement Subaward. County and Subrecipient further agree that all expenditures represent Subrecipient's true, actual and supported costs which are incurred solely for providing Services hereunder. For purposes of this Subaward, such true/actual costs are those costs which are net of any applicable credits including, but not limited to, discounts, refunds, adjustments, rebates, allowances, etc. and are inclusive of any taxes, delivery/shipping charges, etc.

Appears in 8 contracts

Samples: Joint Powers Agreement, Joint Powers Agreement, wdacs.lacounty.gov

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.