§ 694.11. What is the maximum indirect cost rate for an agency of a State or local government?
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/us/cfr/t34/s§ 694.11·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Notwithstanding 34 CFR 75.560-75.562 and 2 CFR part 200, subpart E---Cost Principles, the maximum indirect cost rate that an agency of a State or local government receiving funds under GEAR UP may use to charge indirect costs to these funds is the lesser of---
(a)The rate established by the negotiated indirect cost agreement; or
(b)Eight percent of a modified total direct cost base. (Authority: 20 U.S.C. 1070a-21 to 1070a-28) \[65 FR 24760, Apr. 27, 2000. Redesignated at 75 FR 65798, Oct. 26, 2010, as amended at 79 FR 76105, Dec. 19, 2014\]
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- 34 CFR 75.560-75
- 2 CFR 200
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§ 694.11
What is the maximum indirect cost rate for an agency of a State or local government?
Fed. Reg.×9
Cite34 CFR 75.560-75
Cite2 CFR 200
Cites 3Cited by 9 across 1 source