Allowable indirect costs definition

Allowable indirect costs means those costs incurred by a
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Allowable indirect costs means those costs incurred by a professional firm that are generally associated with overhead which cannot be specifically identified with a single Project or contract and are considered reasonable and allowable under specific state contract or allowability limits.
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Examples of Allowable indirect costs in a sentence

  • Allowable indirect costs are those costs (i.e., payroll burden, general overhead and administrative costs) of the CONSULTANT set forth in subparagraph 3(c) below which are not identified solely with one agreement, but are rather, company‑wide or attributable to more than one agreement of the CONSULTANT, and are not identified as unallowable.

  • Allowable indirect costs are those costs (i.e., payroll burden, general overhead and administrative costs) of the CONSULTANT set forth in subparagraph 4.a.iii below which are not identified solely with one Agreement, but are rather, company‑wide or attributable to more than one Agreement of the CONSULTANT, and are not identified as unallowable.

  • Allowable indirect costs are those costs (i.e., payroll burden, general field overhead and administrative costs) of the CONSULTANT set forth in subparagraph 3(c) below which are not identified solely with one agreement, but are rather, company‑wide or attributable to more than one agreement of the CONSULTANT, and are not identified as unallowable.

  • Allowable indirect costs incurred by the Consultant shall also be reimbursed by the Owner at the Indirect Cost Rate.

  • Allowable indirect costs shall be in accordance with the Negotiated Indirect Cost Agreement in effect on the date of signature of this Agreement.

  • Allowable indirect costs are those costs (i.e., payroll burden, general overhead and administrative costs) of the CONSULTANT set forth in subparagraph C(ii) below which are not identified solely with one agreement, but are rather, companywide or attributable to more than one agreement of the CONSULTANT, and are not identified as unallowable.