"Allowable costs" refers to the expenses that are acceptable or permitted to be covered or reimbursed within a set budget or agreement. It signifies the specific expenses that are approved or authorized as eligible for compensation or reimbursement.
Full definition
Let's say you need surgery with
allowable costs of $ 20,000, and the following figures apply to your health insurance plan.
Let's say your health insurance plan's
allowable cost for a doctor's office visit is $ 100.
Let's say your health insurance plan's
allowable cost for a doctor's office visit is $ 100.
The
maximum allowable cost of borrowing under a payday loan agreement was $ 21 for each $ 100 borrowed prior to January 1, 2017, was lowered to $ 18 per $ 100 in 2017, and effective January 1, 2018 is now $ 15 for each $ 100 advanced.
The completion (final) voucher is the last voucher to be submitted for incurred, allocable, and
allowable costs expended to perform the contract or order.
• Oversaw processing of accounts payable and ensured that unallowable costs are segregated
from allowable cost.
With a
maximum allowable cost of $ 1 billion, the selected missions span the solar system and, not incidentally, all the subgroups of the planetary community.
Generic prices are typically set through lists of maximum
allowable cost (MAC), which the PBMs establish.
«I think the agencies have had a number of mechanisms for doing these kinds of things, but it hasn't been completely clear what is and isn't OK, or what is and isn't
an allowable cost,» she says.
These are referred to as «
allowable costs.»
The FHA recently reduced the maximum loan to value ratio (LTV) for cash out mortgage refinancing from 95 % to 85 % plus the up - front mortgage insurance premium and
allowable costs.
Reducing
the allowable cost of borrowing would be terrific.
This is only an example of costs the seller may pay on your behalf and does not include
all allowable costs per Kentucky FHA guidelines.
Your VA loan amount can't exceed the appraised value (plus
allowable costs and fees).
Allowable costs are $ 12,000.
The ongoing saga of the conversion of Ontario Power Generation's (OPG) Thunder Bay 300 - MW coal plant took another twist on Budget Day, May 1, 2014, as Energy Minister Bob Chiarelli used his hammer to force a contract between the Ontario Power Authority and the OPG in respect to
the allowable cost recoveries after conversion.
Allowable costs are $ 12,000.
Audited multi-currency financial reports involving G / L and bank reconciliations, vouching of expenses to ensure adherence to GAAP and OMB circulars A-122, A-133 for
allowable costs.
Your VA loan amount can't exceed the appraised value (plus
allowable costs and fees).
These are referred to as «
allowable costs.»