Indirect operating costs definition

Indirect operating costs means the pro-rated share of other instructional costs, institutional and administrative costs, and physical plant costs associated with carrying out the contracted services.
View Source
Indirect operating costs as defined in Part D of Schedule 4.
View Source

Examples of Indirect operating costs in a sentence

  • Property taxes and insurance are sometimes included with the capital charges, but are classified in the OG&E analysis as part of the Indirect Operating Costs to be consistent with the BART reports.

  • The Budget for each invoice period shall be the estimated total Indirect Operating Costs and Direct Operating Expenses for such calendar year allocated equally to each applicable invoice period.

  • All Indirect Operating Costs and overhead costs of the FSMC must be included in the General Support Services Fee and may not be charged to the SFA in any other expenses.

  • Each Co-Owner's allocable share of such costs for the Aircraft shall be determined by multiplying total amount of Indirect Operating Costs and Other Charges for the invoice period by the percentage of the total use of the Aircraft during the invoice period attributable to that Co-Owner (based on miles of operation).

  • The Annual Utility Basis Revenue Requirements shall include the following components, each of which is described herein: • Direct Operation, Maintenance and Repair Costs; • Administrative and Indirect Operating Costs; • Payment in Lieu of Taxes (“PILOT”); • Depreciation Expense; • Return on Rate Base (expressed in dollars).

  • The SFA will pay the FSMC a General Support Services Fee on the basis of the Indirect Operating Costs incurred by the FSMC in the operation of the SFA’s Food Service Program.

  • The Agent shall maintain separate books and records for the operation and use of the Aircraft, including records relating to the calculation of the Indirect Operating Costs and Other Charges and the Direct Operating Expenses and the Line Item Charges.

  • Notwithstanding the foregoing, if a Change of Control Offer is made, the Company will pay for Securities of each series tendered for purchase in accordance with the terms of this Section 6.14.

  • The Budget shall also set forth itemized estimates of the Indirect Operating Costs and Direct Operating Expenses for such calendar year.

  • All Food Service Program expenses not defined as “Direct Operating Costs” in this Agreement will be Indirect Operating Costs and included in the General Support Services Fee.

Related to Indirect operating costs

  • Operating Costs means the incremental expenses incurred by the Recipient on account of Project implementation, management, and monitoring, including for office space rental, utilities, and supplies, bank charges, communications, vehicle operation, maintenance, and insurance, building and equipment maintenance, advertising expenses, travel and supervision, salaries of contractual and temporary staff, but excluding salaries, fees, honoraria, and bonuses of members of the Recipient’s civil service.

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