Definitions for "Project Costs"
All financial costs of a project such as capital, labor, and operating costs.
All allowable costs, as set forth in the applicable State/Federal cost principles, incurred by a recipient and the value of the contributions made by third parties in accomplishing the objectives of the award during the project period.
The total amount required to complete the project including construction costs, professional fees, fixtures & fittings, roll up of interest and other associated costs.