Glossary Term

Allocable Costs

  1. Education & Outreach
  2. Glossary
  3. Allocable Costs
  4. Allocable Costs

Glossary Term:

Allocable Costs

Definition

Costs are allocable if they provide benefit to a particular award and other work of the institution, are necessary to the overall operation, and distributed in a manner proportionate to the work using reasonable methods.