Items or elements of an institution's costs that are reimburseable under a payment formula. Allowable costs may exclude, for example, uncovered services, luxury accommodations, costs that are not reasonable and expenditures that are unnecessary.
Those costs that may be paid under a contract. Samples of unallowable costs under a contract could be subscriptions and memberships, entertainment and so on. Allowable costs can include salaries and benefits, severance pay and more as allowed by contract and by law. For examples about cost principles for nonprofit organizations see the chart from the state of Texas at http://www.tea.state.tx.us/grant/handbook/costprin.html
Costs specified in OMB Circular A-21 that can be directly charged to Federal grants and contracts or included in facilities & administrative rates.
Those categories of costs that can be charged to a grant as defined by the funding agency.
items or elements of a facility's costs which are reimbursable. Costs that are not allowed may include uncovered services, costs that are not deemed unreasonable, and luxury accommodations.
Per OMB A-21, the tests of allowability of a cost are: They must be reasonable, They must be allocable to sponsored agreements under the principles and methods provided herein, They must be given consistent treatment through application of those generally accepted accounting principles appropriate to the circumstances, and They must conform to any limitations or exclusions set forth in these principles or in the sponsored agreement as to types or amounts of cost items
Allowable costs are items eligible to be funded under the COPS MORE Program. COPS MORE provides for the funding of equipment, technology, and/or salaries and fringe benefits for civilian support staff. Upon review of your submitted budget, any non-allowable costs are removed, and your total budget amount is revised accordingly. NOTE: The MORE 2000 Program will fund support personnel only. Items not available under MORE 2000 will be available under future MORE Programs.
means that portion of costs a Provider incurs in providing Services or Wholesale Services against which Incentive Payments may be allocated. (See Sections 4.13.11 and 4.13.12 for further information on Allowable Costs).
Those costs that are reasonable, comply with generally accepted accounting procedures or the Cost Accounting Standards, comply with the terms and conditions of the contract, and comply with Part 31 of the Federal Acquisition Regulation.
Charges for care that are reimbursable as predetermined by the payer/purchaser.
Project costs that are eligible, reasonable and necessary for proper and efficient performance and administration of the cooperative agreement, and allocable to the project.
Those categories of costs that are allowable as a charge on a grant or contract as determined by the terms and conditions of the award and/or appropriate cost principles. Certain types of costs, such as the cost of alcoholic beverages are not allowable and may not be charged to a contract or grant.
those costs that can be charged to a grant (e.g., salaries, equipment) or reimbursed to the university under an award agreement.
Those categories of costs that can be charged to a grant, such as salaries and equipment. Certain types of costs, such as the cost of alcoholic beverages are not allowable and may not be charged to a contract or grant.
Expenditures under a grant project that are specifically permitted (or not specifically prohibited), by law, regulation, or guidance from the Office of Management and Budget, federal accounting standards, or other authoritative sources.
OMB Circular A-21 defines allowable costs as those that are: 1. Reasonable 2. Allowable and allocable to the project 3. Given consistent treatment by use of generally-accepted accounting principles 4. Conform to any limitations or exclusions set forth by the sponsored agreement or OMB Circular A-21.
Covered costs of a medical insurance plan.
those project costs that are: eligible, reasonable, necessary, and allocable to the project; permitted by the grant maker.
project's allowable costs are those direct costs that are eligible, reasonable, necessary, and allocable to the project according to OMB Circular A-110.