Administrative Overhead definition

Administrative Overhead means any dollar that is not spent directly on services for children or on preparing and evaluating services for children. This is the cost of operating administrative functions within the Hub and its subcontractors and may include staff duties such as payroll processing and data entry and non-program related costs including space, supplies and phones.
Administrative Overhead means the expenses incurred by the Company for the general management and administration of Corporate Social Responsibility functions of the Company but shall not include the expenses directly incurred for the designing, implementation, monitoring and evaluation of a particular corporate social responsibility Project or programme.
Administrative Overhead means the charge made to the Joint Account pursuant to Article 2.2, which charge shall be in lieu of and shall be deemed to cover all indirect costs incurred by the Operator in respect of Joint Operations which are not otherwise provided for in the Operating Agreement or this Accounting Procedure.

Examples of Administrative Overhead in a sentence

  • Operation and Maintenance costs will be billed to the Solids Participants on a quarterly basis based on the actual expenses incurred plus the Administrative Overhead as outlined below.


More Definitions of Administrative Overhead

Administrative Overhead means general and administrative expenses relating to the Assets as set out in the Operating Statements, but which amount shall not exceed $1,250 per month;
Administrative Overhead. Agency administrative overhead rate is 14% which includes accounting, payroll, accounts payable, human resources, data system management, purchasing, executive director, and receptionist. The rate is based upon the actual cost of providing these services and is allocated to all grants and programs based upon program expenses. The calculation of this rate is reviewed during the annual agency audit. The RFP limits the administrative cost to 10% so the administrative overhead cost is calculated at $24,000 ($240,000 x 10%). The shortfall in overhead costs will be offset with fundraising dollars. In order to conduct business with the County of Fresno (hereinafter referred to as “County”), members of a contractor’s board of directors (hereinafter referred to as “County Contractor”), must disclose any self-dealing transactions that they are a party to while providing goods, performing services, or both for the County. A self-dealing transaction is defined below:

Related to Administrative Overhead

  • Administrative Costs means the costs that are used to pay for employee salaries not directly related to care planning and supports coordination and administrative expenses necessary to operate each single point of entry agency.

  • Administrative cost means a fee imposed to cover:

  • 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 that are owned by the General Partner directly.

  • Administrative Expense means any of the following:

  • Administrative Fees shall have the meaning assigned to such term in Section 2.06(b).