Common use of Eligible expenditure Clause in Contracts

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’.

Appears in 3 contracts

Samples: Grant Agreement, Grant Agreement, Grant Agreement

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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 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’.

Appears in 1 contract

Samples: Grant Agreement

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