Direct Project Costs means those costs which are directly associated with the Project. These may include the salaries and benefits of personnel assigned to the Project and the cost of supplies, postage, travel, and printing. General administrative costs, capital costs, and overhead are not Direct Project Costs. Any jurisdiction or metropolitan planning organization that has federally approved indirect cost plans may treat such indirect costs as Direct Project Costs.
Direct Project Costs means Capital Costs that are expended for the acquisition, development, or construction of a Metro parks and nature bond-funded project.
Direct Project Costs means the per property costs for land acquisition, property survey, demolition/restoration costs, and title insurance policies.
Examples of Direct Project Costs in a sentence
Eligible Direct Project Costs should not be charged as a flat percentage.
If the Implementing Partner requests UNDP to provide direct services specific to project inputs, then UNDP’s costs must be recovered in full accordance with GEF-specific Bureau of Management Services (BMS) policy on Direct Project Costs (DPCs).
If the Implementing Partner requests UNDP to provide direct services specific to project inputs (i.e. Implementation Support Services (ISS) or Direct Project Services (DPS), then UNDP’s costs must be recovered in full accordance with GEF-specific Bureau of Management and UNDP-GEF guidance on Direct Project Costs (DPCs).
As is determined by the GEF Council requirements, these service costs will be assigned as Project Management Cost, duly identified in the project budget as Direct Project Costs.
As such, Direct Project Costs are identified by contract for recovery from the Members that are signatories to the Project Contract.
More Definitions of Direct Project Costs
Direct Project Costs means Capital Costs that are expended for the acquisition, development, or construction of an Affordable Housing Project.
Direct Project Costs means agency will disburse Grant Funds only for the costs of Project activities that occur, including expenses incurred, during the Performance Period.
Direct Project Costs means those costs which are directly associated with the Project. These may include the salaries and benefits of personnel assigned to the Project and the cost of supplies, postage, travel, and printing. General administrative costs, capital costs, and overhead are not Direct Project Costs.
Direct Project Costs means all direct charges, costs or expenditures (other than the indirect charge for general administrative services and overhead expenses referred to in paragraph 1.1(h) hereof) and all capital charges, expenditures or costs incurred on or in connection with Mining Operations and shall, without limiting the generality of the foregoing, include the cost of all work actually carried out in connection with Mining Operations hereunder (including pre-production work, surface and underground exploration and development work, driving adits, raises and drifting and shaft sinking) as well as the cost of metallurgical and/or engineering work required to ensure adequate recoveries of metals contained in the minerals, ores and concentrates produced or derived from the Property. In addition, Direct Project Costs shall include the costs of all of the Operator's technical personnel who may, from time to time, provide services with respect to the Property. Such costs shall be charged out at rates normal to the industry and on the basis of the time actually spent by such personnel on projects related to Mining Operations.
Direct Project Costs means Costs for activities or services that benefit specific Projects as defined in one or more Project Contracts as provided for in Article V, Section 3(c).
Direct Project Costs means those costs incurred and paid for by the subsidy beneficiary arising directly from the delivery of the specific project for which they have received a subsidy.
Direct Project Costs means all direct charges, costs or expenditures (other than the indirect charge for general administrative services and overhead expenses referred to above and all capital charges, expenditures or costs incurred on or in connection with Operations and shall include the cost of all work actually carried out in connection with Operations hereunder (including surface and underground exploration and development work, pre-production work, driving adits, raises and drifting and shaft sinking), as well as the cost of metallurgical and engineering work required to ensure adequate recoveries of metals contained in the minerals, ores and concentrates produced or derived from the Property. In addition, Direct Project Costs shall include the costs of all of the Operator's technical personnel who may, from time to time, provide services with respect to the Property. Such costs shall be charged out at competitive market rates normal to the industry and on the basis of the time actually spent by such personnel on projects related to Operations. Each party's participating interest shall be defined by the following formula: Party's participating interest (percent) = Party's total contribution * x 100 • The initial deemed expenditures and interests of the Optionor and Optionee shall be: Deemed Expenditures & Interest after Exercise of Party First Option Second Option Optionor $624,500 (49%) $866,667 (40%) Optionee $650,000 (51%) $1,300,000 (60%) · Each party may dilute its participating interest in the joint venture by electing not to contribute (and will be deemed to have elected not to contribute if it fails to make any election) to the additional expenditures. · If either party's interest in the joint venture is diluted to less than 10.01%, then such interest will be converted to a 2% net smelter return ("NSR") royalty on the terms set out in Schedule `C' and such party (the "Royalty Holder") will have no further participation rights in the joint venture or interest in the Property other than the NSR royalty. · The party (the "Royalty Payor") which is not the Royalty Holder shall have the right, exercisable upon not less than seven days prior written notice to the Royalty Holder, to purchase from the Royalty Holder the NSR for the purchase price of: