Allowable Cost

{
  "id": "MLC-T-ENV-001108",
  "term": "Allowable Cost",
  "field": "Environment",
  "definition": "1. Costs that are eligible, reasonable, necessary, and allocable; are permitted under the appropriate Federal cost principles; and are in accordance with EPA policy. Examples are: contractual services, response by State employees (under a Cooperative Agreement or contract), materials and supplies, equipment, other direct costs and indirect costs.\n\n2. Those project costs that are: Eligible, reasonable, necessary, and allocable to the project; permitted by the appropriate Federal cost principles; and approved by EPA in the Cooperative Agreement and/or Superfund State Contract.",
  "references": [
    "DOE Glossary of Terms Related to CERCLA, EPCRA, PPA, RCRA and TSCA at http://homer.ornl.gov/sesa/environment/guidance/cercla/gloss97.pdf",
    "40 CFR 35.6015 (CFR 2018)"
  ],
  "url": "https://mlchart.com/terminology/environment/allowable-cost/"
}