Administrative overheads definition

Administrative overheads means the expenses incurred by the company for ‘general management and administration’ of Corporate Social Responsibility functions in 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 overheads means the expenses incurred by the Company for ‘general management and administration’ of CSR functions in the Company but shall not include the expenses directly incurred for the designing, implementation, monitoring, and evaluation of a particular CSR project or programme.

Administrative overheads means the expenses incurred by the company for the ‘general management and administration’ of CSR functions. However, expenses that are directly attributable to the designing, implementation, monitoring and evaluation of a particular CSR project do not constitute administrative overheads.

Examples of Administrative overheads in a sentence

Administrative overheads represent the share of overhead expenditure (or indirect cost) attributable to the carrying out of the Project;- The administrative overheads cannot be more than 15% of the total estimated expenditure for manpower, equipment and other direct costs;- The administrative overheads, if applicable, should be included as part of the Project expenditure; and- The administrative overheads should be reasonable and proportionate to the purpose, scale, nature and circumstance of a project.
Administrative overheads comprise items such as employee costs, utilities, office supplies, legal expenses and outside services.
Administrative overheads do not include administration cost relating to production, factory, works or manufacturing.
Administrative overheads shall exclude production overheads, marketing overheads and interest and finance charges.
Administrative overheads are indirect costs and therefore are not eligible for funding, nor are ongoing running costs.The percentage of State Black Spot Program funding expended by a RRG is a KPI and reported to SAC annually.

Administrative overheads means the expenses incurred by the Company for ‘general management and administration’ of CSR functions in the Company but shall not

Administrative overheads means the expenses incurred by the Bank for ‘general management and administration’ of Corporate Social Responsibility functions and it shall not include the expenses that are directly incurred for the designing, implementation, monitoring, and evaluation of a particular Corporate Social Responsibility project or programme;

Administrative overheads means the expenses incurred for ‘general management and administration’ of CSR functions but shall not include expenses directly incurred for designing, implementation, monitoring, and evaluation of a particular CSR project or program.

Administrative overheads means only the expenses incurred by the Company for ‘general management and administration’ of Corporate Social Responsibility functions classified as Administrative overheads. The expenses directly incurred for the designing, implementation, monitoring, and evaluation of a particular Corporate Social Responsibility project or programme specifically excluded. The administrative overheads not to exceed five percent of total CSR expenditure of the company for the financial year.