CLAUSE H.11 ALLOWABLE CONTRACTOR GOVERNANCE AND CONTRACT MONITORING EXPENSES
In furtherance of the cost allowability limitations for the activities of the M&O Contractor’s Board of Directors (or equivalent corporate oversight entity), the Contractor shall annually submit, by August 31, a detailed budget estimate for the allowable costs of the Contractor’s corporate governance/governing board activities for provisional agreement for which the Contractor’s Board of Directors’ (or equivalent corporate oversight entity) execution/performance of the requirements of Section H Clause entitled “Contractor Assurance System” (if any) are separately delineated. Costs of the Contractor’s corporate governance/governing board, the parent entities, and other costs of parent oversight, including but not limited to salaries/stipends/honoraria, travel (other than travel to the Laboratory), and entertainment are expressly unallowable and shall not be included in the annual budget estimate. Final costs for the Fiscal Year should be submitted by December 31. Costs are subject to review and approval as determined by the Contracting Officer.
Costs incurred pursuant to the provisional agreement must be consistent with those approved under laboratory systems for this contract, including but not limited to the Contractor Assurance System, Financial Management System, and Purchasing Management System, and are subject to review at such times and in such detail as the Contracting Officer, in their sole discretion, determines.