38 C.F.R. · Pensions, Bonuses, and Veterans' Relief
38 C.F.R. § 17.261

Indirect costs.

Title 38 C.F.R. ● ACTIVE Primary Source
Regulatory Text

38 C.F.R. § 17.261 — Indirect costs.

§ 17.261 Indirect costs. The grantee shall allocate expenditures as between direct and indirect costs according to generally accepted accounting procedures. The amount allocated for indirect costs may be computed on a percentage basis or on the basis of a negotiated lump-sum allowance. In the method of computation used, only indirect costs shall be included which bear a reasonable relationship to the planning or program funded by the grant and shall not exceed a percentage greater than the percentage the total institutional indirect cost is of the total direct salaries and wages paid by the institution. [33 FR 6012, Apr. 19, 1968. Redesignated at 61 FR 21966, May 13, 1996]

Source: ecfr.gov · govinfo.gov — public domain Official Source ↗
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38 C.F.R. § 17.261
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The regulatory text of 38 C.F.R. § 17.261 is reproduced from the official Code of Federal Regulations as published by the Office of the Federal Register and the National Archives and Records Administration.
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boisestandard.org United States Law CFR Title 38 38 C.F.R. § 17.261