Indirect Costs and Allocation of Costs Sample Clauses

Indirect Costs and Allocation of Costs. If Sub-recipient proposes to invoice for indirect costs, substantiation of those charges must be in compliance with WRF’s “Guidelines for Research Priority Program Proposals,” which include compliance with the applicable cost principles referenced in Section IV.B above.
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Indirect Costs and Allocation of Costs. If the subrecipient charges indirect (overhead) costs to the grant sub award an “Indirect Cost Proposal” must be prepared in accordance with the applicable cost principles. The subrecipient must comply with one of the two following criteria for payment in indirect costs by CC-LOU
Sample 1

Related to Indirect Costs and Allocation of Costs

  • Indirect Costs If indirect costs are charged, the Subrecipient will develop an indirect cost allocation plan for determining the appropriate Grantee share of administrative costs and shall submit such plan to the Grantee for approval.

  • Direct Costs Insert the major cost elements. For each element, consider the application of the paragraph entitled “Costs Requiring Prior Approval” on page 1 of these instructions.

  • Costs and Attorneys’ Fees In the event that any action, suit or other proceeding is instituted concerning or arising out of this Agreement or any transaction contemplated hereunder, the prevailing party shall recover all of such party’s costs and attorneys’ fees incurred in each such action, suit or other proceeding, including any and all appeals or petitions therefrom.

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