PROGRAM ADMINISTRATIVE COSTS. Each Party may use Funding received from the other under the Agreement to pay for certain Program Administrative Costs. A Party’s use of Funding for Administrative Costs in a given Fiscal Year may not exceed its indirect cost rate for federal grant funds in the preceding Fiscal Year. The Parties agree to follow the indirect plans they submit annually to the federal government. Upon agreement by the Parties, a Party may waive the indirect fee or the fee-based cap. A Party using Funding for Administrative Costs for Programs will support all amounts billed as Administrative Costs by actual costs.
Appears in 4 contracts
Samples: Homelessness Response System Intergovernmental Agreement, Homelessness Response System Intergovernmental Agreement, Homelessness Response System Intergovernmental Agreement
