Unrecovered Indirect Cost Law and Legal Definition
Pursuant to 49 CFR 19.2 [Title 49 – Transportation; Subtitle A -- Office of the Secretary of Transportation; Part 19 -- Uniform Administrative Requirements for Grants and Agreements with Institutions of Higher Education, Hospitals, and Other Non-Profit Organizations], unrecovered indirect cost means “the difference between the amount awarded and the amount which could have been awarded under the recipient's approved negotiated indirect cost rate.”
Legal Definition list
Related Legal Terms
- Above the Line Costs (Entertainment Law)
- Absorption Costing
- Accelerated Cost Recovery System
- Acquisition Cost of an Item of Purchased Equipment
- Acquisition Cost of Equipment [Education]
- Activity-Based Costing
- Actuarial Cost Assumptions
- Actuarial Cost Method
- Administrative Cost of Issuing a Loan Guarantee
- Administrative Settlement Costs