§ 200.462. Rearrangement and reconversion costs.
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/us/cfr/t2/s§ 200.462·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(a)Costs incurred for ordinary and normal rearrangement and alteration of facilities are allowable as indirect costs. Special arrangements and alterations are allowable as a direct cost if the costs are incurred specifically for a Federal award and with the prior approval of the Federal agency or pass-through entity.
(b)Costs incurred in restoring or rehabilitating the recipient's or subrecipient's facilities to approximately the same condition existing immediately before the commencement of a Federal award(s), less costs related to normal wear and tear, are allowable.