Involving Communities Ltd

Accessibility

Click wheelchair icon to adjust screen settings

Involving Communities Ltd

Helping you see the service you provide
through the eyes of your clients

Full Cost Recovery

Voluntary organisations, like their counterparts in the public and private sectors, incur organisational overhead costs in addition to project costs. Full Cost Recovery means accounting for an organisation’s expenditure on the basis of incorporating all costs incurred by the organisation – Core (or Overhead) Expenditure as well as Project Specific. Full Cost Recovery is essential for ensuring that funding bids accurately cover all potential costs; contracts are negotiated for the full cost of delivering the service; and pricing for products and services developed to generate trading income fully reflect the cost to the organisation of producing or providing those goods. If you would like to learn more about full cost recovery, let us know in the comments and we will produce a template for you to use.

Leave a Comment

Content | Menu | Access panel