allocable definition

allocable has the meaning specified in Section 2.5(d);

allocable means those costs that are necessary to the approved proposal.

allocable means the costs are necessary to the award.

Examples of allocable in a sentence

• If CalRecycle does not make any determination with respect to causation, but Contractor did breach an express provision of this Agreement or fail to comply with an express requirement the portion is Allocable Fault.

• HHSC will reimburse administrative and program costs allowable under Code of Federal Regulations (C.F.R.) Title 2, Subtitle A, Chapter II-Part 200.405, Allocable Costs, and the SNAP-Ed Plan, that are reasonable and necessary to operate approved nutrition education activities.

• Example Agency-wide indirect costs $250,000 Less: Capital Expenditures 10,000 Allocable indirect costs 240,000 Total Agency-wide indirect salaries $1,000,000 Indirect cost rate ($240,000/$1,000,000) 24% Program direct salaries $100,000 Program indirect costs (24% x $100,000) $24,000 Direct Allocation Method This method can also be used when Subrecipient’s major functions benefit from its indirect costs to approximately the same degree.

• HHSC will reimburse administrative and program costs allowable under Code of Federal Regulations (C.F.R.) Title 2, Subtitle A, Chapter II-Part 200.405, Allocable Costs, and FY 2023 SNAP-Ed Plan that are reasonable and necessary to operate approved nutrition education activities.

More Definitions of allocable

allocable means the costs are necessary to the agreement.

allocable means that in instances where there is shared benefit, the programs involved will need to establish a methodology for determining what portion of the costs should be ascribed to each of the programs. The proportionate share of the costs that should be ascribed to the Part C of IDEA program should correspond to the amount of benefit that the program is receiving and, if other programs are receiving benefit that they also contribute to the costs.

allocable means a cost is allocable to a Federal award or other cost objective because the goods or services involved are chargeable or assignable to that Federal award or cost objective in accordance with the relative benefits received.

allocable means the costs are necessary to the performance of this Agreement.

allocable means those costs that are necessary to the approved CRP proposal.

allocable in this policy, means a cost incurred that advances the work of a sponsored project and is chargeable to a particular cost objective.

allocable means the costs are necessary to the Agreement.