Indirect Rate Sample Clauses

Indirect Rate. LOCAL AGENCY may not assess an indirect rate in excess of their Federally approved Negotiated Indirect Cost Rate Agreement (NICRA), a de minimis rate if LOCAL AGENCY does not have an approved NICRA, or the VFC program cap rate of 10%, whichever is lesser. LOCAL AGENCY may also elect not to assess an indirect rate. The approved indirect cost rate at the time of execution is 0%. .

Indirect Rate. Enter the approved indirect rate, or the de minimis rate of 10%. If the subrecipient chooses not to request indirect costs for this award, enter 0%.

Indirect Rate. The Recipient is charging the indirect rate shown on Attachment B. Total Indirect Costs to be charged are $0.00.

Indirect Rate. The Grantee is entitled to reimbursement of indirect costs, subject to any statutory or regulatory administrative costs limitations, if they have a current rate agreement or have submitted an indirect rate proposal to the appropriate federal agency for review and approval. i. The Grantee is responsible for maintaining an approved indirect cost rate throughout the life of the Agreement and must provide copies of all approved indirect rate agreements to the Department as they are received from the federal agency. ii. Budgets that have been placed with an indirect rate not yet approved by the federal agency for project administrative expenses, are subject to revision based on the rejection or approval of the final approved indirect rate. If the indirect rate proposal was rejected or adjusted by the federal agency, the Grantee will be required to adjust project administration expenses already incurred to the appropriate amount as required under federal regulations. iii. Indirect costs shall be calculated on a time and materials basis with justification provided by invoices, receipts, and time sheets or using a federally approved indirect rate assigned to the Grantee.

Indirect Rate. Indirect costs shall not exceed 5 percent (5%) of the total District’s Allocation and expenditures or $500,000, whichever is less. District will retain X percent (X%) of the Grantee’s allocation for indirect costs. Grantee use up to X percent (X%) of the Grantee’s allocation for indirect costs. Any indirect costs incurred by the Grantee must be accounted for within the District’s limit of 5 percent or $500,000, whichever is less. The Grantee must establish a separate account for all funds received as part of the Grant.

Indirect Rate. The Indirect Cost Rate agreed upon is XX.XX percent and applies to [modified total direct costs] OR [all direct costs].

Indirect Rate. To acknowledge overhead costs, the RECIPIENT may charge an indirect rate of up to 25 percent based on RECIPIENT employee’s direct salary and benefit costs incurred while conducting project related work provided that prior to signature of this agreement, the DEPARTMENT’s Financial Manager may require a list of items included in the indirect rate during negotiations or thereafter. Items that are generally included in an indirect rate are identified in Administrative Requirements for Ecology Grants and Loans (see Attachment 2 for applicable document reference).

Indirect Rate. Grantee will not use any of the Grantee’s allocation for indirect costs.

Indirect Rate. All indirect rates must be submitted and preapproved by DOH and the DOH SNAP-Ed program. The LHJ is responsible for ensuring that indirect costs included in the LHJ’s SNAP-Ed plan are supported by an indirect cost agreement and/or cost allocation plan approved by the appropriate agency. The LHJ cannot bill indirect costs that are determined to be unacceptable and will be disallowed.

Indirect Rate. The Indirect Cost Rate agreed upon is 10% de minimis indirect rate.