Disallowed cost definition

Disallowed cost means a ques- tioned cost that the Corporation, in a management decision, has determined should not be charged to a recipient’s Corporation funds.

Disallowed cost means those charges to an LSC award that LSC de- termines to be unallowable, in accord- ance with the applicable statutes, regu- lations, or terms and conditions of the grant award.

Disallowed cost means those charges to an LSC award that LSC determines to be unallowable, in accordance with the applicable statutes, regulations, or terms and conditions of the grant award.

Examples of Disallowed cost in a sentence

• There is a cross reference from the core clause 11.2(6) definition of Disallowed Cost to the Service Information regarding procurement procedures.

• This part of the Service Information MUST include any such procedures to be able to administer Disallowed Cost.

• Disallowed Cost incudes costs not justified by accounts and record, costs not in accordance with a Subcontractor’s contract, costs incurred because procedures were not followed and payment to a Subcontractor for work which the Contractor is to do himself and the Contractor’s management.

• Defined Cost includes subcontract amounts and the prices of the work done by the Contractor himself less Disallowed Cost.

• Disallowed Cost A questioned cost that management has sustained or agreed should not be charged to the NEA grant or cooperative agreement.

More Definitions of Disallowed cost

Disallowed cost has the meaning set forth in Section 7.6.

Disallowed cost means any cost, other than Direct Costs of the Work, which Owner, in good faith, decides:

Disallowed cost has the meaning set forth in paragraph 7.

Disallowed cost means any cost:

Disallowed cost means cost which the Authority’s Project Manager decides:

Disallowed cost is cost which the Contract Manager decides:  is not justified by the Provider’s accounts and records;  should not have been paid to a Subcontractor or supplier in accordance with this contract;  was incurred only because the Provider did not: o give an early warning notice which this contract required him to give; and the cost of:  work or remedial action caused by the Provider’s failure to Provide the Services in accordance with this contract;  Materials not used (after allowing for reasonable wastage) unless resulting from a change to the Service Information;  resources not used (after allowing for reasonable availability and utilisation);  preparation for and conduct of an adjudication or proceedings of the tribunal.

Disallowed cost means a questioned cost that management, in a management decision, has sustained or agreed should not be charged to the Government.