Common use of Private Vehicle Allowance Clause in Contracts

Private Vehicle Allowance. The private vehicle allowance is intended to cover the owning and operating costs associated with using a personal vehicle while travelling in connection with the Work in accordance with the Project Proposal. The vehicle allowance does not apply when using a rental, leased or company vehicle. If the Recipient is authorized to use its own private vehicles in the performance of the Work it will be reimbursed at the rate of: $0.54 per km. FII will share the cost of a private vehicle at the above rate when it is used for transportation to and from a departure location (i.e. airport, bus, ferry or train terminal). When claiming the private vehicle allowance, the Recipient must indicate the origin and destination of travel, as well as the business purpose of the trip. If the daily travel distance by a private vehicle exceeds 150 km, the Eligible Cost will be capped at the cost that would have been incurred in using a commercially rented vehicle.

Private Vehicle Allowance. The private vehicle allowance is intended to cover the owning and operating costs associated with using a personal vehicle while travelling in connection with the Work in accordance with the Project Proposal. The vehicle allowance does not apply when using a rental, leased or company vehicle. If the Recipient is authorized to use its own private vehicles in the performance of the Work it will be reimbursed at the rate of: $0.54 0.53 per km. FII will share the cost of a private vehicle at the above rate when it is used for transportation to and from a departure location (i.e. airport, bus, ferry or train terminal). When claiming the private vehicle allowance, the Recipient must indicate the origin and destination of travel, as well as the business purpose of the trip. If the daily travel distance by a private vehicle exceeds 150 km, the Eligible Cost will be capped at the cost that would have been incurred in using a commercially rented vehicle.

Private Vehicle Allowance. The private vehicle allowance is intended to cover the owning and operating costs associated with using a personal vehicle while travelling in connection with the Work in accordance with the Project Proposal. The vehicle allowance does not apply when using a rental, leased or company vehicle. If the Recipient is authorized to use its own private vehicles in the performance of the Work it will be reimbursed at the rate of: $0.54 0.55 per km. FII will share the cost of a private vehicle at the above rate when it is used for transportation to and from a departure location (i.e. airport, bus, ferry or train terminal). When claiming the private vehicle allowance, the Recipient must indicate the origin and destination of travel, as well as the business purpose of the trip. If the daily travel distance by a private vehicle exceeds 150 km, the Eligible Cost will be capped at the cost that would have been incurred in using a commercially rented vehicle.