TITLE 14 - AERONAUTICS AND SPACE

CHAPTER V - NATIONAL AERONAUTICS AND SPACE ADMINISTRATION

PART 1273 - UNIFORM ADMINISTRATIVE REQUIREMENTS FOR GRANTS AND COOPERATIVE AGREEMENTS TO STATE AND LOCAL GOVERNMENTS

subpart c - POST - AWARD REQUIREMENTS

1273.22 - Allowable costs.

  (a) Limitation on use of funds. Grant funds may be used only for: (1) The allowable costs of the grantees, subgrantees and cost-type contractors, including allowable costs in the form of payments to fixed-price contractors; and (2) Reasonable fees or profit to cost-type contractors but not any fee or profit (or other increment above allowable costs) to the grantee or subgrantee.

  (b) Applicable cost principles. For each kind of organization, there is a set of Federal principles for determining allowable costs. Allowable costs will be determined in accordance with the cost principles applicable to the organization incurring the costs. The following chart lists the kinds of organizations and the applicable cost principles.

------------------------------------------------------------------------ For the costs of a Use the principles in: ------------------------------------------------------------------------ State, local or Indian tribal OMB Circular A-87.

government.

Private nonprofit organization other OMB Circular A-122.

than an (1) institution of higher education, (2) hospital, or (3) organization named in OMB Circular A- 122 as not subject to that circular.

Educational institutions............... OMB Circular A-21.

For-profit organization other than a 48 CFR part 31, Contract Cost hospital and an organization named in Principles and Procedures, or OMB Circular A-122 as not subject to uniform cost accounting that circular. standards that comply with cost principles acceptable to the Federal agency.

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