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Title 20: Employees' Benefits
CHAPTER III: SOCIAL SECURITY ADMINISTRATION
PART 435: UNIFORM ADMINISTRATIVE REQUIREMENTS FOR GRANTS AND AGREEMENTS WITH INSTITUTIONS OF HIGHER EDUCATION, HOSPITALS, OTHER NON-PROFIT ORGANIZATIONS, AND COMMERCIAL ORGANIZATIONS
Subpart C: Post-Award Requirements
: Financial and Program Management
435.27 - Allowable costs.
For each kind of recipient, there is a set of Federal principles for determining allowable costs. Allowability of costs will be determined in accordance with the cost principles applicable to the entity incurring the costs. Thus:
(a) Allowability of costs incurred by State, local or federally-recognized Indian tribal governments is determined in accordance with the provisions of OMB Circular A-87, ?Cost Principles for State, Local, and Indian Tribal Governments.?
(b) Allowability of costs incurred by non-profit organizations is determined in accordance with the provisions of OMB Circular A-122, ?Cost Principles for Non-Profit Organizations.?
(c) Allowability of costs incurred by institutions of higher education is determined in accordance with the provisions of OMB Circular A-21, ?Cost Principles for Educational Institutions.?
(d) Allowability of costs incurred by hospitals is determined in accordance with the provisions of Appendix E of 45 CFR part 74, ?Principles for Determining Costs Applicable to Research and Development Under Grants and Contracts with Hospitals.?
(e) Allowability of costs incurred by commercial organizations and those non-profit organizations listed in Attachment C to Circular A-122 is determined in accordance with the provisions of the Federal Acquisition Regulation (FAR) at 48 CFR part 31.
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