[Code of Federal Regulations]

[Title 49, Volume 4]

[Revised as of October 1, 2005]

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

[CITE: 49CFR266.11]



[Page 838]

 

                        TITLE 49--TRANSPORTATION

 

       CHAPTER II--FEDERAL RAILROAD ADMINISTRATION, DEPARTMENT OF 

                             TRANSPORTATION

 

PART 266_ASSISTANCE TO STATES FOR LOCAL RAIL SERVICE UNDER SECTION 5 

OF THE DEPARTMENT OF TRANSPORTATION ACT--Table of Contents

 

Sec. 266.11  Allowable costs.



    Allowable costs include only the following costs which are properly 

allocable to the work performed: Planning and program operation costs 

which are allowed under Federal Management Circular 74-4; and costs of 

projects eligible under Sec. 266.7 of this part. All allowable costs 

shall be authorized by a fully executed grant agreement. A State may 

incur costs prior to the execution of a grant agreement only if the 

Administrator, based on the State's demonstration of a compelling need 

to incur costs prior to the execution of a grant agreement, has 

authorized the costs in writing prior to their incurrence by the State.