Full Cost Recovery definition

Full Cost Recovery means that all costs of the organisation are covered by the funding received. Any uncovered costs must be met from reserves; therefore in order to be a financially sustainable organisation full cost recovery must be achieved.
Full Cost Recovery means all labour, equipment, material and any related overhead costs incurred by the City
Full Cost Recovery means the level at which the ex-refinery price of petroleum products is equated to the import parity price;

Examples of Full Cost Recovery in a sentence

  • The following documents form an integral part of this Agreement: General Conditions of Agreement Annexes: Annex I: Outputs and Work Plan Annex II: Total Funding Ceiling and Payment Schedule Annex III: Reporting Requirements Annex IV: Counterpart Staff, Services, Facilities and Property to Be Provided by the Government Annex V: UNICEF Full Cost Recovery UNICEF’s payment details are provided in the Payment Schedule in Annex II.

  • For UNODC, the Budget set out in section 3 of the Results Based Framework includes: (a) 13% of the Contribution amount, to cover indirect administrative costs of the Recipient incurred in relation to the implementation of the Project, referred to as Project Support Cost (PSC); and (b) costs associated with Full Cost Recovery, including administrative, field management and security costs.

  • This Agreement is specifically intended to be in compliance with the State of California's "Full Cost Recovery Policy" contained in the State Administrative Manual (▇▇▇) – Chapter 8752 and incorporated as part of this Agreement.

  • The following documents form an integral part of this Agreement: General Conditions of Agreement Annexes: Annex I: Outputs and Work Plan Annex II: Total Funding Ceiling and Payment Schedule Annex III: Reporting Requirements Annex IV: Counterpart Staff, Services, Facilities and Property to Be Provided by the Government Annex V: UNDP Full Cost Recovery UNDP’s payment details are provided in the Payment Schedule in Annex II.

  • Both sectors agree to work together to develop and adopt a Compact Code of Practice on Full Cost Recovery to ensure that funding programmes in ▇▇▇▇▇▇▇ support a sustainable third sector.


More Definitions of Full Cost Recovery

Full Cost Recovery means all labour, equipment, materials and any related costs, including legal and consulting, incurred by the Corporation of the County of Simcoe.
Full Cost Recovery means expensing users the full operating cost of providing a good or service.
Full Cost Recovery means the recovery of operational costs, direct support costs and indirect support costs in full.
Full Cost Recovery means the recovery of all direct and indirect costs associated with the consultancy undertaking.
Full Cost Recovery means a tariff that cover operation and maintenance expenses, depreciation expenses, and that provide a reasonable return on investment.
Full Cost Recovery means the generation of sufficient revenue through appropriate pricing of a service to cover the full cost of provision. Costs include operating, maintenance, administration, research and development expenditures, financial costs and capital investments in facilities (including depreciation, interest and equity return at a level sufficient to sustain the systems in perpetuity and achieve the mandated level of service as a minimum).
Full Cost Recovery means recovery of all fixed and variable costs in the reporting period; and