Total Direct Cost definition

Total Direct Cost means the costs included in the annual pole access rate pertaining to administration and loss in productivity.
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Total Direct Cost. Total Direct Cost is the sum of all direct project costs and includes the categories of salaries, benefits, tuition, materials and services, travel, and equipment for the proposed program, $5,954,106 over five years with an additional $2,635,683 for the optional two year extension. The total direct cost for the seven year program is $8,589,789.
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Examples of Total Direct Cost in a sentence

  • If the recipient do not have a negotiated rate, the indirect cost rate shall be calculated using Modified Total Direct Cost.

  • Subrecipients may elect to use a rate derived from a current cost allocation plan documented in the required Indirect Cost Certificate submitted to the state (along with any other supporting documents required by the state) or may elect to use a de minimis rate up to 10% Modified Total Direct Cost (MTDC) as described in 2 CFR §200.414 and TxGMS.

  • Indirect costs are proposed as a percentage (or rate) of a direct cost allocation base such as Modified Total Direct Cost (MTDC) or direct labor.

  • An Entity that has never received a negotiated indirect cost rate may elect to charge a de minimis rate of 10% of modified total direct costs as per 2CFR 200.68 Modified Total Direct Cost (MTDC).

  • Modified Total Direct Cost Method (MTDC) means all direct salaries and wages, applicable fringe benefits, materials and supplies, services, travel, and up to the first $25,000 of each subaward (regardless of the period of performance of the subawards under the award).

  • If a Provider has a federally funded DYCD contract with a budget of $100,000 and plans to buy a $6,000 Supercomputer and to subcontract out $29,000 worth of services, calculate the Modified Total Direct Cost (MTDC) by subtracting $6,000 (equipment cost) and $4,000 (excess over $25,000) from the $100,000 contract budget amount.

  • Modified Total Direct Cost (MTDC) means all direct salaries and wages, applicable fringe benefits, materials and supplies, travel and up to the first $25,000 of each Subrecipient’s subcontractor.

  • Overhead/Indirect Costs may not exceed 25% of the Modified Total Direct Cost.

  • An MPO that has never received a negotiated indirect cost rate may elect to charge a de minimis rate of 10% of modified total direct costs as per 2CFR 200.68 Modified Total Direct Cost (MTDC).

  • As applicable, for Federal Funded Program, Contactor shall charge the County program a de Minimis ten percent (10%) of the Modified Total Direct Cost (MTDC) as indirect cost.