Cost allocation plan definition

Cost allocation plan means central service cost allocation plan, public assistance cost allocation plan, and indirect cost rate proposal. Each of these terms are further defined in this section.

Cost allocation plan has the same meaning as in 44 Ill. Admin. Code Part 7000.

Cost allocation plan means a document that identifies, accumulates and distributes allowable direct and indirect costs under subgrants and contract and identifies the allocation methods used for distributing the costs. A plan for allocating joint costs is required to support the distribution of those costs to the grant program. All costs included in the plan must be supported by formal accounting records to substantiate the propriety of the eventual charges. Providers are required to maintain a Cost Allocation Plan, in accordance with Ill. Adm. Code §509.40(c), if they receive more than one source of funding or operate more than one Program. (89 Ill. Adm. Code §509.20(a)(2))

Examples of Cost allocation plan in a sentence

• Cost allocation plan means central service cost allocation plan or public assistance cost allocation plan.

• Cost allocation plan means one or more documents identifying, accumulating, and allocating or developing billing rates based on the allowable costs of services provided by a state, local government, or Indian tribe on a centralized basis to its departments and agencies.

• Cost allocation plan means the documenta- tion identifying, accumulating, and distrib- uting allowable costs of program administra- tion together with the allocation methods used.

• Cost allocation plan means the docu- mentation identifying, accumulating, and distrtibuting allowable costs under grants and contracts together with the allocation methods used.

• Contracts will be contingent on the provision of all additional requested information, including but not limited to: • Insurance certification• Revised budget• Audits• Cost allocation plan For the awarded contract, the submitted proposal, with any negotiations, will become part of the official contract file.

More Definitions of Cost allocation plan

Cost allocation plan means central service cost allocation plan or public assistance cost allocation plan

Cost allocation plan has the same meaning as in 44 Ill. Admin. Code 7000.30. “Direct Costs” has the same meaning as in 44 Ill. Admin. Code 7000.30. “Disallowed Costs” has the same meaning as in 44 Ill. Admin. Code 7000.

Cost allocation plan means central service cost allocation plan or public assistance cost allocation plan.

Cost allocation plan means a document that identifies, accumulates and distributes allowable direct and indirect costs under subgrants and contract and identifies the allocation methods used for distributing the costs. A plan for allocating joint costs is required to support the distribution of those costs to the grant program. All costs included in the plan must be supported by formal accounting records to substantiate the propriety of the eventual charges. Providers are required to maintain a Cost Allocation Plan, in accordance with Ill. Adm. Code

Cost allocation plan means the documentation identifying, accumulating and distributing allowable costs under grants and contracts, together with the allocation methods used.

Cost allocation plan means and refer to the formula utilized to determine the Party Shares of the City Program Costs, as such formula is detailed in Exhibit “E”.

Cost allocation plan means the method of distributing to various programs the costs