Administrative and Overhead Expenses definition

Administrative and Overhead Expenses means operating expenses such as rent, overhead, administration, payroll and accounting, supervision of employees other than where supervision is incidental to management of the Project, insurance, office supplies, printing, mailing, utilities, membership dues, subscriptions, or accounting activities, but does not include such expenses included in Eligible Contractor/Professional Expenses where incorporated into hourly rates or management fees; “Affiliates” includes an affiliate as defined in section 2 of the Business Corporations Act, S.B.C. 2002, c. 57 or any partner of the Recipient or party to a joint venture agreement related to the Project or the Project Facility;
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Administrative and Overhead Expenses means operating expenses such as rent, overhead, administration, payroll and accounting, supervision of employees other than where supervision is incidental to management of the Project, insurance, office supplies, printing, mailing, utilities, membership dues, subscriptions, or accounting activities, but does not include such expenses included in Eligible Contractor/Professional Expenses where incorporated into hourly rates or management fees;
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Administrative and Overhead Expenses means indirect costs or the necessary business expenses, including costs incurred for common or joint objectives that cannot be readily identified with activities carried out in support of a particular final objective and purchases in accordance with the Procurement section of this Agreement, to maintain an organization’s operations such as rent and utilities, insurance, legal, and accounting costs not specific to an individual department directly related to the production of goods or services.
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Examples of Administrative and Overhead Expenses in a sentence

  • Intake Billable to DHS Direct Expenses (Rate) $ 815,479 Total Direct Expenses $ 815,479 Administrative and Overhead Expenses as Percent of Total 15.0% Note: Early Intervention referrals are billed at $95/individual for 30-60 minutes total during the month, and $200/individual for more than 60 minutes during the month, per Denver client, based on direct costs to which an administrative and overhead rate is applied up to the budget maximum.

  • During the Initial Term, the City shall pay and the Contractor shall accept, a sum not to exceed Twenty Million Dollars ($20,000,000.00) as the sole compensation for all Services provided, Administrative and Overhead Expenses incurred, and performance measures achieved in accordance with the budget categories contained in Exhibit A.

  • External Agency Initiatives Billable to DHS Employee Salaries $ 0 Temp/Contract Salaries $ 0 Fringe (24.5%) $ 0 Additional Worker’s Comp (3%) $ 0 Travel $ 0 Professional Services $ 3,237,525 Other Direct Expenses $ 0 Total Direct Expenses $3,237,525 Administrative and Overhead Expenses as Percent of Total 15.0% Note: External Agency Initiatives are billed based on RMHS’ actual direct costs to which an administrative and overhead rate is applied up to the budget maximum.

  • Family Services & Supports Billable to DHS Direct Expenses (Rate) $ 1,006,437 Total Direct Expenses $ 1,006,437 Administrative and Overhead Expenses as Percent of Total 15.0% Note: Family Support is billed at a $63.93 per Denver client, per month rate based on direct costs to which an administrative and overhead rate is applied up to the budget maximum.

  • If the City exercises its option to extend the Initial Term or the First Renewal Term, it will pay the Contractor and the Contractor shall accept as the sole compensation for all Services provided, Administrative and Overhead Expenses incurred, and performance measures achieved a sum not to exceed following amounts: First Renewal Term - Twenty-One Million Dollars ($21,000,000.00).

  • Children’s Clinical Billable to DHS Direct Expenses $2,000,000 Total Direct Expenses $2,000,000 Administrative and Overhead Expenses as Percent of Total 15.0% Note: EI Denver Children’s Clinical is billed based on fee-for-services rates according to the equivalent EI Colorado rates for the same service for Denver residents, up to the budget maximum.

  • Service Coordination Billable to DHS Direct Expenses (Rate) $ 914,982 Total Direct Expenses $ 914,982 Administrative and Overhead Expenses as Percent of Total 15.0% Note: EI Denver Service Coordination is billed at a $193.00 per Denver client, per month rate based on direct costs to which an administrative and overhead rate is applied up to the budget maximum.

  • Service Coordination Billable to DHS Direct Expenses (Rate) $ 879,102 Total Direct Expenses $ 879,102 Administrative and Overhead Expenses as Percent of Total 15.0% Note: Service Coordination is billed at a $69.50 per Denver client, per month rate based on direct costs to which an administrative and overhead rate is applied up to the budget maximum.

  • Client/Family Directed Funds Billable to DHS Direct Expenses (Rate) $4,800,000 Total Direct Expenses $4,800,000 Administrative and Overhead Expenses as Percent of Total 15.0% Note: Client Assistance is billed based on RMHS’ actual direct costs to which an administrative and overhead rate is applied up to the budget maximum.

  • EI Colorado Service Coordination Billable to DHS Direct Expenses (Rate) $ 765,133 Total Direct Expenses $ 765,133 Administrative and Overhead Expenses as Percent of Total 15.0% Note: EI Colorado Service Coordination is billed at a $43.75 per Denver client, per month rate based on direct costs to which an administrative and overhead rate is applied up to the budget maximum.

Related to Administrative and Overhead Expenses

  • Administrative Costs means all costs and expenses associated with providing notice of the Class Settlement Agreement to the Settlement Class, Claims Administration, and otherwise administering and carrying out the terms of this Class Settlement Agreement.

  • Administrative Expenses means (i) all administrative and operating costs and expenses incurred by the Partnership, (ii) those administrative costs and expenses of the General Partner, including any salaries or other payments to directors, officers or employees of the General Partner, and any accounting and legal expenses of the General Partner, which expenses, the Partners have agreed, are expenses of the Partnership and not the General Partner, and (iii) to the extent not included in clause (ii) above, REIT Expenses; provided, however, that Administrative Expenses shall not include any administrative costs and expenses incurred by the General Partner that are attributable to Properties or partnership interests in a Subsidiary Partnership (other than this Partnership) that are owned by the General Partner directly.

  • Administrative Fee is defined in Section 4.1(a).

  • Administration Expenses means all fees, disbursements, expenses, costs, taxes and any other amounts incurred or payable by the Plaintiffs, Class Counsel or otherwise for the approval, implementation and operation of this Settlement Agreement, including the costs of notices, but excluding Class Counsel Fees and Class Counsel Disbursements.

  • Overhead means those amounts which are intended to recover a proportion of the Supplier’s or the Key Sub-Contractor’s (as the context requires) indirect corporate costs (including financing, marketing, advertising, research and development and insurance costs and any fines or penalties) but excluding allowable indirect costs apportioned to facilities and administration in the provision of Supplier Personnel and accordingly included within limb (a) of the definition of “Costs”;