Program Administration Costs Clause Samples
The Program Administration Costs clause defines which expenses related to managing and operating a program are considered reimbursable or allowable under an agreement. Typically, this clause outlines the types of administrative costs covered, such as salaries for program staff, office supplies, or overhead expenses, and may set limits or require documentation for reimbursement. Its core practical function is to clarify which administrative expenditures are eligible for payment, thereby preventing disputes and ensuring transparency in program budgeting and financial management.
Program Administration Costs. Property Owner acknowledges that upon the execution of this Capital Provider Agreement, Capital Provider shall pay Program Administrator a processing fee equal to one percent (1.00%) percent of the P R O P E R T Y FIT Financing Amount (the “P R O P E R T Y FIT Processing Fee”) for Program Administrator’s duties and services provided pursuant to this Property Owner Agreement, including but not limited to determining the Qualified Real Property and Property Owner’s eligibility to participate in the P R O P E R T Y FIT Program and the recording of the Benefit Assessment Lien. Additionally, the Capital Provider shall pay Program Administrator an on-going Program Administration Fee as outlined in Section 2.6.d. hereof.
Program Administration Costs. Upon closing of this Capital Provider Agreement, Capital Provider shall pay Program Administrator a processing fee equal to percent (
Program Administration Costs. A portion of salaries for director and admin staff not directly attributable to program: telephone, rent, utilities, maintenance for overall operations. Maximum of 15% of OA request
Program Administration Costs. Upon closing and recording of the Benefit Assessment Lien, Capital Provider shall pay Program Administrator a processing fee equal to one percent (1.00%) of the P R O P E R T Y FIT Financing amount (the “P R O P E R T Y FIT Processing Fee”) for Program Administrator’s duties and services provided pursuant to this Capital Provider Agreement, including but not limited to processing the determination of Qualified Real Property and Property Owner’s eligibility for the P r o p e r t y Fit Program and the filing of the Benefit Assessment Lien. Any costs associated with filing the Notice of Benefit Assessment Lien, any Amendment of Benefit Assessment Lien and Payment Schedule shall be paid by Capital Provider which can be included in the P r o p e r t y Fit Financing. Additionally, Capital Provider shall pay Program Administrator an on-going Program Administration Fee as outlined in Section 2.5.d hereof. Any additional expenses incurred by Program Administrator or Local Government in connection with its performance of its duties and obligations under this Capital Provider Agreement, including but not limited to, the foreclosure process, shall be borne by Capital Provider and Capital Provider shall reimburse Program Administrator and Local Government for any such out-of- pocket costs and expenses incurred by Program Administrator or Local Government.
Program Administration Costs. The Parties agree that Program costs will include administration, marketing and billing cost components, defined as follows: • Administration Costs. Administrative costs are directly tied to the employee resources that are required to manage the Program operations including: development and management of an in-house reservation system; processing subscriber transactions; customer and regulatory reporting; budget management; customer relations; and delivering training to personnel. • Marketing Costs. Marketing costs include materials and outreach activities performed to advertise and promote the Program. • Billing Costs. Billing costs include costs related to information system upgrades required to automatically bill customers and in some instances costs related to manually billing customers for their participation in the Program.