Unallowable Costs. Costs that are unallowable under other sections of these principles shall not be allowable under this section solely on the basis that they constitute personnel compensation.
Unallowable Costs. In the event any audit, audit resolution, review, monitoring, or other oversight results in the determination that the Contractor has expended DRS funds on unallowable costs on this or any previous contract, the Contractor shall reimburse the DRS in full for all such costs on demand. The DRS may, at its sole discretion, deduct and withhold such amounts from subsequent payments to be made to the Contractor under this or other contracts.
Unallowable Costs. The sub-awardees’ expenditures shall be subject to reduction for amounts included in any invoice or prior payment made which determined by HCA not to constitute allowable costs on the basis of audits, reviews, or monitoring of this agreement.
Unallowable Costs. The Contractor or Subrecipient’s expenditures shall be subject to reduction for amounts included in any invoice or prior payment made which determined by HCA not to constitute allowable costs on the basis of audits, reviews, or monitoring of this Contract.
Unallowable Costs. The costs of organized fund raising activities, while they may be necessary to the agency’s operations, are unallowable, regardless of the purpose for which the funds will be used. Fund raising and investment activities shall be allocated an appropriate share of indirect costs.5 To be allowable, costs must:
Unallowable Costs. Unallowable Costs (as defined in this paragraph) will be separately determined and accounted for by Moody’s, and Moody’s shall not charge such Unallowable Costs directly or indirectly to any contract with the United States or the States. For purposes of this paragraph, “Unallowable Costs” means unallowable costs for government contracting purposes, which shall specifically include all costs (as defined in the Federal Acquisition Regulation, 48 C.F.R. § 31.205-47) incurred by or on behalf of Moody’s, and its present or former officers, directors, employees, shareholders, and agents in connection with any of the following:
a. the matters covered by this Agreement;
b. the United States’ and the States’ civil investigation(s) of the matters covered by this Agreement;
x. Xxxxx’x investigation, defense, and Compliance Commitments undertaken in response to the United States’ and the States’ civil investigation(s) in connection with the matters covered by this Agreement (including attorneys’ fees);
d. the negotiation and performance of this Agreement; and
e. the payments Moody’s makes to the United States and the States pursuant to this Agreement.
Unallowable Costs. (1) Costs which are unallowable under other sections of these principles must not be allowable under this section solely on the basis that they constitute personnel compensation.
(2) The allowable compensation for certain employees is subject to a ceiling in accordance with statute. For the amount of the ceiling for cost-reimbursement contracts, the covered compensation subject to the ceiling, the covered employees, and other relevant provisions, see 10 U.S.C. 2324(e)(1)(P), and 41 U.S.C. 1127 and 4304(a)(16). For other types of Federal awards, other statutory ceilings may apply.
Unallowable Costs. The Grantee's invoice shall be subject to reduction for amounts included in any invoice which are determined by ACOG, on the basis of the terms of this Grant Contract and stated intent of the Grant Award, not to constitute allowable costs.
Unallowable Costs. OMB Circulars address the allowability of a variety of different costs. For all costs, there are certain restrictions and limitations; however, the following costs are not allowable under any circumstances: Bad debts Contingency provisions Contributions and donations Fines and penalties (e.g., Including but not limited to NSF Check Fees, Traffic Citation Fees) Fundraising activities Interest expense (unless expressly allowed by federal guidelines) Losses on other awards
Unallowable Costs. The Sponsor shall not seek reimbursement for any costs that the FAA has determined to be unallowable under the CARES Act.
