Common use of ELIGIBLE AND INELIGIBLE EXPENDITURE Clause in Contracts

ELIGIBLE AND INELIGIBLE EXPENDITURE. 6.1 Funding will not be awarded for work undertaken prior to the effective date of this the LATF MoU (the date when the MoU has been signed by the Lead LA and received by the FC). 6.2 The Capital Grant paid to the local authority will be used only for capital purposes in accordance with regulations made under section 11 of the Local Government Act 2003. If the Lead LA is found to be non-compliant with this provision, the Lead LA shall return the Capital Grant element to the FC. 6.3 The Lead LA will use the Grant for delivery of the Funded Activities. Eligible costs within this valuation will include: 6.3.1 Capital costs associated with initial planting of trees (young trees, stakes, shelters, other authorised capital items). 6.3.2 Capital costs associated with supported Natural Colonisation (ground preparation, herbivore fencing, supplementary planting, other authorised capital items). 6.3.3 Capital Maintenance costs to support establishment including the cost of weeding, watering and checking trees during multiple visits over a three (3)-year period. 6.3.4 Capital costs associated with purchasing replacement trees awarded via the LATF Extraordinary Payment for Restocking in Exceptional Circumstances (EPREC)

Appears in 3 contracts

Samples: Memorandum of Understanding, Memorandum of Understanding, Memorandum of Understanding (Mou)

AutoNDA by SimpleDocs

ELIGIBLE AND INELIGIBLE EXPENDITURE. 6.1 Funding will not be awarded for work undertaken prior to the effective date of this the LATF MoU (the date when the MoU has been signed by the Lead LA and received by the FC). 6.2 The Capital Grant paid to the local authority will be used only for capital purposes in accordance with regulations made under section 11 of the Local Government Act 2003. If the Lead LA is found to be non-compliant with this provision, the Lead LA shall return the Capital Grant element to the FC. 6.3 The Lead LA will use the Grant for delivery of the Funded Activities. Eligible costs within this valuation will include: 6.3.1 Capital costs associated with initial planting of trees (young trees, stakes, shelters, other authorised capital items). 6.3.2 Capital costs associated with supported Natural Colonisation (ground preparation, herbivore fencing, supplementary planting, other authorised capital items). 6.3.3 Capital Maintenance costs to support establishment including the cost of weeding, watering and checking trees during multiple visits over a three (3)-year period. 6.3.4 Capital costs associated with purchasing replacement trees awarded via the LATF Extraordinary Payment for Restocking in Exceptional Circumstances (EPREC).

Appears in 1 contract

Samples: Memorandum of Understanding

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!