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RES 262 Draft 01 2008-2010
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RES 262 Draft 01 2008-2010
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Entry Properties
Last modified
12/10/2009 1:59:07 PM
Creation date
10/26/2009 8:38:46 AM
Metadata
Fields
Template:
Bill/Resolution
Bill/Resolution - Type
RES
Bill/Resolution - Council Term
2008-2010
Bill/Resolution
262
Draft
01
Introducer
Dennis "Fresh" Onishi, Council Member
Referred To
FC
Action 1
FC-108: Recommend adoption of Res. 262-09 - 11/03/09
Action 2
Council: Adopts Res. 252-09 & FC-108 - 11/18/09
Status
Adopted
Date To Mayor or Adoption Date
11/18/2009
Reading Number
1
Reading Date
11/18/2009
Ayes
9-Enriques;Ford;Greenwell;Hoffmann;Ikeda;Naeole;Onishi;Yagong;Yoshimoto
Noes
0
Absent
0
Excused
0
Comments
$Bill/Resolution_Comments$
Document Relationships
AGE COUNCIL 11/18/2009 2008-2010
(Related To)
Path:
\Council Records\Agendas\2008-2010\Council
AGE FC 11/03/2009 2008-2010
(Related)
Path:
\Council Records\Agendas\2008-2010\Finance Committee (FC)
COM 0589.000 2008-2010
(Related To)
Path:
\Council Records\Communications\2008-2010
REP FC 108 11/03/2009 2008-2010
(Related To)
Path:
\Council Records\Reports\2008-2010\Finance Committee (FC)
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<br /> <br /> <br /> <br /> 083109 <br /> <br /> <br /> project costs. The Recipient's cost share must come from non-Federal sources unless otherwise <br /> allowed by law. By accepting federal funds under this award, you agree that you are liable for your <br /> percentage share of total allowable project costs, on a budget period basis, even if the project is <br /> terminated early or is not funded to its completion. This cost is shared as follows: <br /> Budget Budget Government Share Recipient Share Total Estimated Cost <br /> Period Period Start <br /> No. <br /> 01 09/30/2009 $737,800/78% $202,540/22% $940,340 <br /> Total Project <br /> b. If you discover that you may be unable to provide cost sharing of at least the amount identified in <br /> paragraph a of this article, you should immediately provide written notification to the DOE Award <br /> Administrator indicating whether you will continue or phase out the project. If you plan to continue <br /> the project, the notification must describe how replacement cost sharing will be secured. <br /> c. You must maintain records of all project costs that you claim as cost sharing, including in-kind costs, <br /> as well as records of costs to be paid by DOE/NNSA. Such records are subject to audit. <br /> d. Failure to provide the cost sharing required by this Article may result in the subsequent recovery by <br /> DOE/NNSA of some or all the funds provided under the award. <br /> <br /> 8. REBUDGETING AND RECOVERY OF INDIRECT COSTS <br /> <br /> THE APPLICABLE TERM IS M4RKF.D BELOW. <br /> [ X ] REBUDGETING AND RECOVERY OF INDIRECT COSTS - REIMBURSABLE INDIRECT <br /> COSTS AND FRINGE BENEFITS <br /> <br /> a. If actual allowable indirect costs and fringe benefits are less than those budgeted and funded <br /> under the award, you may use the difference to pay additional allowable direct costs during the <br /> project period. If at the completion of the award the Government's share of total allowable costs <br /> (i.e., direct, indirect, fringe benefits), is less than the total costs reimbursed, you must refund the <br /> difference. <br /> b. Recipients are expected to manage their indirect costs and fringe benefits. DOE will not amend <br /> an award solely to provide additional funds for changes in indirect costs and fringe benefits. <br /> DOE recognizes that the inability to obtain full reimbursement for indirect costs and fringe <br /> benefits means the recipient must absorb the under-recovery. Such under-recovery may be <br /> allocated as part of the organization's required cost sharing. <br /> [ ] REBUDGETING AND RECOVERY OF INDIRECT COSTS - REIMBURSABLE INDIRECT <br /> COSTS <br /> a. If actual allowable indirect costs are less than those budgeted and funded under the award, you <br /> may use the difference to pay additional allowable direct costs during the project period. If at <br /> the completion of the award the Government's share of total allowable costs (i.e., direct and <br /> indirect), is less than the total costs reimbursed, you must refund the difference. <br /> b. Recipients are expected to manage their indirect costs. DOE will not amend an award solely to <br /> provide additional funds for changes in indirect cost rates. DOE recognizes that the inability to <br /> obtain full reimbursement for indirect costs means the recipient must absorb the underrecovery. <br /> Such underrecovery may be allocated as part of the organization's required cost sharing. <br /> c. The budget for this award includes indirect costs, but does not include fringe benefits. <br /> Therefore, fringe benefit costs shall not be charged to nor shall reimbursement be requested for <br /> <br /> <br /> Not Specified/Other 3 <br />
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