85,491 views
26 votes
26 votes
What is a contract allowable?

User Subho
by
2.9k points

1 Answer

14 votes
14 votes
An allowable cost is a cost that can be paid by your contract or grant. A cost is allowable only if: The cost is reasonable; it reflects what a prudent person might pay.
User Jonathan Branam
by
2.8k points