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ALLOWABLE COSTS PERFORMANCE STANDARDS MANUAL BUSINESS ENTERPRISE PROGRAM Idaho Commissions for the Blind and Visually Impaired August 2003 The purpose of the Allowable Costs and Performance Standards
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Allowable costs performance standards are guidelines set by an organization or regulatory body that define the allowable costs that can be incurred during a specified period, and the performance metrics that must be met to ensure compliance.
Organizations or entities that receive funding or grants that have specific requirements regarding allowable costs are typically required to file allowable costs performance standards.
Allowable costs performance standards are usually filled out by providing detailed information about the costs incurred, the performance metrics achieved, and any other relevant information as specified by the guidelines.
The purpose of allowable costs performance standards is to ensure that organizations are using funds responsibly and efficiently, and to track and measure the performance of the funded activities.
Information that must be reported on allowable costs performance standards typically includes details about the costs incurred, the performance metrics achieved, and any other relevant information specified by the guidelines.
The deadline to file allowable costs performance standards in 2023 is usually specified by the funding organization or regulatory body, and organizations are typically required to file by that deadline to avoid penalties.
The penalty for the late filing of allowable costs performance standards can vary depending on the organization or regulatory body, but typically includes fines, loss of funding, or other consequences as outlined in the guidelines.
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