Actual Cost definition
Examples of Actual Cost in a sentence
Actual cost shall be calculated in accordance with the methodologies set forth in the Office of Management and Budget (OMB) Super Circular, 2 CFR Part 200 “Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards: Final Rule”, utilizing the budgeted amounts set forth in Exhibit B-2B-3 as the maximum amount(s) allowable in calculating actual costs.
Actual cost may include labor, material, staff service vehicles (transportation cost), overhead, and other applicable costs.
Actual cost of licensing will be determined after all ticket sales are final.
Actual cost of bed and breakfast up to a maximum of: £93.00 per night in London or £70.00 per night elsewhere Rev 01/08/2015 It is important that you understand the obligations placed upon you as an independent expert.
In addition, IPM shall submit monthly and receive reimbursement for the following expenses including: • Actual cost for business‐related meals, supplies, copies, postage and related expenses.