Administrative Settlement Costs Law and Legal Definition
Administrative settlement costs means “costs related to the defense and settlement of contract claims including, but not limited to, salaries of a contracting officer or his/her authorized representative, attorneys, and/or members of State boards of arbitration, appeals boards, or similar tribunals, which are allocable to the findings and determinations of contract claims, but not including administrative or overhead costs.” [23 Cfr 140.503; Title 23 Highways; Chapter I-Federal Highway Administration, Department Of Transportation; Subchapter B-Payment Procedures; Part 140-Reimbursement; Subpart E-Administrative Settlement Costs-Contract Claims]
Legal Definition list
- Administrative Session
- Administrative Segregation
- Administrative Rule
- Administrative Requirements
- Administrative Remedy
- Administrative Settlement Costs
- Administrative Subdivision of Funds
- Administrative Subpoena
- Administrative Subpoena
- Administrative Support Services [Education]
- Administrative Takedown Funds [Transportation]
Related Legal Terms
- Above the Line Costs (Entertainment Law)
- Administrative
- Administrative Act
- Administrative Adjudication
- Administrative Agency
- Administrative and Operating [A&O] Subsidy
- Administrative Appeals Office [Immigration]
- Administrative Board
- Administrative Committee of the Federal Register
- Administrative Conference of the United States
