OMB Circular A-87 Sample Clauses

OMB Circular A-87. The Federal cost principles that apply to State, local and Federally-recognized Indian tribal governments are set forth in OMB Circular A-87 (relocated to 2 CFR Part 225). State of Illinois/Department of Human Services COMMUNITY SERVICES AGREEMENT FISCAL YEAR 2014 / 5 7 13 Page 10 of 42 7.7. 48 CFR Part 31. The Federal cost principles and procedures for cost analysis and the determination, negotiation and allowance of costs that apply to commercial organizations are set forth in 48 CFR Part 31.

OMB Circular A-87. Contractor hereby acknowledges and agrees that any payment made or received under this Agreement is an "administrative expense” subjects to OMB Circular A-87, as revised and amended, and Contractor hereby agrees to comply with any and all requirements thereunder as if the same were spelled out in its entirety and incorporated herein.