Indirect cost pools definition

Indirect cost pools means (except for Subparts 31.3 and 31.6) groupings of incurred costs identified with two or more cost objectives but not identified specifically with any final cost objective.
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Indirect cost pools. ’ as used in this section means group- ing of incurred costs identified with two or more cost objec- tives, but not identified specifically with any final cost objec- tive.
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Indirect cost pools as used in this part means groupings of incurred costs identified with two or more cost objectives but not identified specifically with any final cost objective.
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Examples of Indirect cost pools in a sentence

  • Indirect cost pools must be distributed to benefitted cost objectives on bases that will produce an equitable result in consideration of relative benefits derived.

  • Indirect cost pools should be dis- tributed to benefiting cost objectives on bases which will produce an equitable result in consideration or relative benefits derived.

  • Indirect cost pools should be distributed to benefited cost objectives on bases that will produce an equitable result in consideration of relative benefits derived.

Related to Indirect cost pools

  • 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 Costs has the same meaning as in 44 Ill. Admin. Code 7000.

  • Indirect Cost Rate The Grantee’s acknowledged or approved Indirect Cost Rate (ICR) is contained within ATTACHMENT B, BUDGET and the ICR Acknowledgement Letter – Ten Percent De Minimis is incorporated by reference into this Contract as ATTACHMENT I. Grantee must have an approved or acknowledged indirect cost rate to recover indirect costs. If the System Agency approves or acknowledges an updated indirect cost rate, the Contract will be amended to incorporate the new rate (and the new indirect cost rate letter, if applicable) and the budget revised accordingly.

  • Direct Cost means a cost not to exceed the cost of labor, material, travel and other expenditures to the extent the costs are directly incurred to provide the relevant assistance or service. “Direct Cost” to the Acquirer for its use of any of a Respondent’s employees’ labor shall not exceed the average hourly wage rate for such employee;

  • Direct Costs means the sum of the following: