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Code · CFR · Title 2 — Federal Financial Assistance · Part 1108 — Definitions of Terms Used in Subchapters a Through F of This Chapter · § 1108.135

§ 1108.135. Cost-type subaward.

46 words·~1 min read·/us/cfr/t2/s§ 1108.135·

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

Cost-type subaward means a subaward that:
(a)A recipient or subrecipient makes to another entity at the next lower tier; and
(b)Provides for payments to the entity that receives the cost-type subaward based on the actual, allowable costs it incurs in carrying out the subaward.
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