Indirect cost means any cost not directly identified with a single final cost objective, but identified with two or more final cost objectives or with at least one intermediate cost objective.
Indirect cost means those costs incurred for a common or joint purpose benefitting more than one cost objective, and not readily assignable to the cost objectives specifically benefitted, without effort disproportionate to the results achieved. Indirect Costs represent the expenses of doing business that are not readily identified with the Grant Project responsive to this RFA but are necessary for the general operation of the organization and the conduct of activities it performs.
Indirect cost means those expenses which cannot be related directly to a specific program and are, therefore, allocated to more than one program.
Examples of Indirect cost in a sentence
The agreed cost and price are broken down per Contractor and Subcontractor(s) as follows: Company Name ESA Entity Code Type P/Prime SD/Subco Direct SI/Subco Indirect Cost Price Co-funded % Country (ISO Code) The difference between the agreed cost of the activity and the Contract Price shall be funded by the Contractor through its internal funds and shall not be recharged to the Agency in other Contracts, nor in the form of overheads.
More Definitions of Indirect cost
Indirect cost means an amount which is received from the federal government relative to administering an award, contract, or grant made by the federal government.
Indirect cost means the costs incurred by the UN Partner as a function of and in support of the Technical Assistance, which cannot be traced unequivocally to the Technical Assistance. The rate applicable to this Agreement is stated in Annex V;
Indirect cost means those costs incurred for a common or
Indirect cost means those costs incurred for a common of joint purpose benefitting more than one cost objective, and which are not readily assignable to the cost objectives specifically benefited, without effort disproportionate to the results achieved.
Indirect cost means costs that benefit more than one activity of the recipient and not directly assigned to a par- ticular project objective.
Indirect cost means a cost of a general nature which is not readily identifiable with the activities of the School Nutrition Program and incurred for a common or joint purpose benefiting more than one activity or cost objective. In accordance with N.C.G.S. § 115C-450, the LEA may not assess indirect costs to the nonprofit School Nutrition Program if the program does not have a minimum of one-month’s operating balance, based on a rolling three-year average, as authorized by NCDPI.
Indirect cost means costs that benefit more than one activity of the recipient and that may not be directly assigned to a particular project objective.