Examples of Allowable Expenses in a sentence
Please provide updated information on the total cost of the project, which may include more elements or higher values than were part of the Allowable Expenses in the MassCEC Grant Agreement Contract Budget, as of project completion.
For the avoidance of doubt, Allowable Expenses shall not include general administration, overhead, mark-ups, travel (either by Grantee or by subcontractors to Grantee), Xxxxxxx’s own labor, or general purpose facilities, equipment, materials, or software.
Therefore, within either the Design Phase or Construction Phase, Grantee may shift funds between line items or expense category, provided the total amount of Related Party Expenses as a percentage of total costs does not exceed fifteen percent (15%) of Allowable Expenses for any Milestone set forth in the Scope of Work.
The invoice shall consist of a completed and signed Expenditure and Cost Share Certification (Attachment 3) that certifies that the Cost Share (as defined below) requirement has been met, based upon Allowable Expenses incurred and payments made by Grantee.
The plan that pays benefits second, which is known as the secondary plan, coordinates its benefits with the primary plan, and pays the difference between what the primary plan paid, or the value of any benefit or Service provided, but not more than 100 percent of the total Allowable Expenses, and not to exceed the maximum liability of the secondary plan.