[Code of Federal Regulations]
[Title 5, Volume 2]
[Revised as of January 1, 2004]
From the U.S. Government Printing Office via GPO Access
[CITE: 5CFR950.106]

[Page 585-586]
 
                    TITLE 5--ADMINISTRATIVE PERSONNEL
 
          CHAPTER I--OFFICE OF PERSONNEL MANAGEMENT (CONTINUED)
 
PART 950_SOLICITATION OF FEDERAL CIVILIAN AND UNIFORMED SERVICE PERSONNEL 
FOR CONTRIBUTIONS TO PRIVATE VOLUNTARY ORGANIZATIONS--Table of Contents
 
                      Subpart A_General Provisions
 
Sec. 950.106  PCFO expense recovery.

    (a) The PCFO shall recover from the gross receipts of the campaign 
its expenses, approved by the LFCC, reflecting the actual costs of 
administering the local campaign. The amount recovered for campaign 
expenses shall not exceed 10 percent of the estimated budget submitted 
pursuant to Sec. 950.105(c)(1) unless approved by the Director.
    (b) The PCFO may only recover campaign expenses from receipts 
collected for that campaign year. Expenses incurred preparing for and 
conducting the CFC cannot be recovered from receipts collected in the 
previous year's campaign. The PCFO may absorb the costs associated with 
conducting the campaign from its own funds and be reimbursed, or obtain 
a commercial loan to pay for costs associated with conducting the 
campaign. If the commercial loan option is used, the amount of

[[Page 586]]

a reasonable rate of interest is an allowable campaign expense, subject 
to the approval of the LFCC when the PCFO budget is submitted.
    (c) The campaign expenses will be shared proportionately by all the 
recipient organizations reflecting their percentage share of gross 
campaign receipts.