[Code of Federal Regulations]

[Title 34, Volume 3]

[Revised as of July 1, 2005]

From the U.S. Government Printing Office via GPO Access

[CITE: 34CFR614.6]



[Page 271-272]

 

                           TITLE 34--EDUCATION

 

 CHAPTER VI--OFFICE OF POSTSECONDARY EDUCATION, DEPARTMENT OF EDUCATION

 

PART 614_PREPARING TOMORROW'S TEACHERS TO USE TECHNOLOGY--Table of 

Contents

 

Sec. 614.6  What is the maximum indirect cost rate for all consortium 

members and any cost-type contract?



    (a) The maximum indirect cost rate for all consortium partners and 

any cost-type contract made under these grants is eight percent of a 

modified total direct cost base or the partner's negotiated indirect 

cost rate, whichever rate is lower.



[[Page 272]]



    (b) For purposes of this section, a modified total direct cost base 

is total direct costs less stipends, tuition, and related fees, and 

capital expenditures of $5,000 or more.

    (c) Indirect costs in excess of the maximum may not be--

    (1) Charged as direct costs by the grantee;

    (2) Used by the grantee to satisfy matching or cost sharing 

requirements; or

    (3) Charged by the grantee to another Federal award.



(Authority: 20 U.S.C. 6832)