Common use of Direct Costs and Additional Costs Clause in Contracts

Direct Costs and Additional Costs. The Network and the District agree to negotiate payment to the District of the Network’s share of the direct costs incurred by the District for charter schools pursuant to C.R.S. §§22-30.5-112(2)(a.9), (b.5) or 22-30.5-112.1, if applicable, and Additional Costs as agreed upon by the Network and the District pursuant to C.R.S. § 22-30.5-112.1(5). Such negotiations shall be concluded by June 15th of the year preceding that to which the costs apply or at a mutually agreed upon time by the District and the Network.