Eligible expenditure. 6.1 Eligible expenditure consists of payments by the Recipient for the Purpose. Eligible expenditure is net of VAT recoverable by the Recipient from HM Revenue & Customs and gross of irrecoverable VAT.
6.2 The Recipient shall account for the Grant on an accruals basis. This requires the cost of goods or services to be recognised when the goods or services are received, rather than when they are paid for.
Eligible expenditure. (a) the payment is for the financing of the reasonable cost of goods, works, services, Training, Incremental Operational Cost, and Grants (as said capitalized terms are defined in the Financing Agreement) required for the Project, and to be financed out of the proceeds of the Financing and procured, all in accordance with the provisions of the Financing Agreement;”
Eligible expenditure. As per clause 5, Grant funding can only be used for Eligible Expenditure. The Grant funding must be used for Funded Activities, benefitting the Participants, and must not be used for any Ineligible Expenditure or retained by the Grant Recipient.
Eligible expenditure. 5.1 Subject to clause 5.2, Eligible Expenditure consists of payments by the Grant Recipient during the Funding Period for the purposes of delivering the Project. Eligible Expenditure is net of VAT recoverable by the Grant Recipient from HM Revenue & Customs, and gross of irrecoverable VAT.
5.2 The following costs are not Eligible Expenditure:-
a) payments for activities of a political or exclusively religious nature;
b) payments that support activity intended to influence or attempt to influence Parliament, Government or political parties, or attempting to influence the awarding or renewal of contracts and grants, or attempting to influence legislative or regulatory action;
c) payments for goods or services that the Grant Recipient has a statutory duty to provide;
d) payments reimbursed or to be reimbursed by other public or private sector grants;
e) contributions in kind (a contribution in goods or services as opposed to money);
f) depreciation, amortisation or impairment of Fixed Assets owned by the Grant Recipient;
g) interest payments (including service charge payments for finance leases);
h) gifts to individuals, other than promotional items with a value no more than £10 a year to any one individual;
i) entertaining payments (entertaining for this purpose means anything that would be a taxable benefit to the person being entertained, according to current UK tax regulations);
j) statutory fines, criminal fines or penalties;
k) liabilities incurred before the issue of this Funding Agreement unless agreed in writing by the Department;
l) revenue costs (e.g. staffing costs)
Eligible expenditure. The Recipient must apply the Funding only to the following expenditure (together “Eligible Expenditure”):
(a) expenditure that:
(i) was incurred by the Recipient for the purpose of the Activities;
(ii) was incurred in delivering Milestones due after the Commencement Date;
(iii) in ACC’s sole discretion, is not to an unreasonable extent for the benefit of an individual;
(iv) meets the following eligibility criteria: • is not lost opportunity costs (that is, expenditure related to foregone production and downtime arising from the allocation of resources to the Activities); and • goods provided and services performed by parties not at "arm's length" must be assessed at reasonable market value and contain no unreasonable overhead and no element of "in group profit"; and
(b) overhead and operating expenses of the Recipient that have increased as a direct result of the Activities are Eligible Expenditure, up to a maximum of 10% of the Funding. For the sake of clarity, the Recipient’s usual overheads or operating costs, as they existed immediately prior to the Commencement Date, are not Eligible Expenditure.
(c) expenditure that ACC otherwise approves in writing (in its absolute discretion) as Eligible Expenditure for the purposes of this Agreement.
Eligible expenditure. 5.1 Expenditure incurred in the Project Account will be limited to Eligible Expenditure. The categories of Eligible Expenditure shall be those set out in the Financial Model (as detailed in Annex 1 to this Schedule 6).
5.2 For the avoidance of doubt, the following cost items do not constitute Eligible Expenditure:
5.2.1 recoverable VAT;
5.2.2 Corporation Tax; and
5.2.3 any sum expressed in this Agreement to be "payable by" the Operator, or at "the Operator's cost" or "at no additional charge to the Authority/Authorised User" or other similar expression. For example any sums payable by the Operator under any indemnity in this Agreement shall not be reclaimable as Eligible Expenditure.
Eligible expenditure. Subject to paragraphs 8 and 9, the Eligible Expenditure is limited to the costs specified in Annex 5 to the Grant Funding Agreement.
Eligible expenditure. 1.7.1. ‘Eligible expenditure’ consists of payments by the Recipient for the purpose stated within the Grant Purpose Document/Funding Proposal form//Grant Application. Eligible expenditure is net of VAT recoverable by the Recipient from HM Revenue & Customs and gross of irrecoverable VAT.
1.7.2. The following costs are not ‘Eligible Expenditure’ and are therefore classed as ‘Ineligible Expenditure’:
1.7.2.1. payments that support activity intended to influence or attempt to influence Parliament, government, or political parties (including activity intended to influence legislative or regulatory action); or
1.7.2.2. payments intended to influence the awarding or renewal of contracts and grants.
1.7.2.3. any expenditure related to the initiative or activity specification or use of the grant that has not been authorised by the Commissioner.
1.7.3. The Recipient shall not commit the Commissioner, to funding any expenditure beyond the agreed funding period (e.g., by entering into leasing arrangements, contracts, or insurance policies).
1.7.4. Where the grant is not fully spent, any unspent balance must be returned to the Commissioner as soon as possible by BACS or cheque made payable to ‘The Police and Crime Commissioner for South Yorkshire’.
Eligible expenditure. 13.1. Costs which do not meet the definition of Eligible Expenditure include, but are not limited to, the following:
i. contributions in kind
ii. payments for activities of a political or exclusively religious nature iii. depreciation, amortisation or impairment of fixed assets owned by DHSC
Eligible expenditure. You must provide details of Eligible Expenditure in respect all Funded Activities and must record this expenditure in ANNEX 7 of this Grant Agreement. You must complete and sign the Confirmation of Bank Details form in ANNEX 6 as part of Your acceptance of the Grant. Grant payments will be made into the bank account listed in the form. No payment will be made in advance of receipt of a correctly completed and signed form. The signatory to Your Confirmation of Bank Details form must be Your chief finance officer or other person with proper delegated authority. Any change of bank details must be notified immediately on the same form and signed by an approved signatory. Any change of signatory must be notified to the Authority for approval, as soon as known.
