[Code of Federal Regulations]

[Title 34, Volume 1]

[Revised as of July 1, 2006]

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

[CITE: 34CFR80.22]



[Page 208]

 

                           TITLE 34--EDUCATION

 

PART 80_UNIFORM ADMINISTRATIVE REQUIREMENTS FOR GRANTS AND COOPERATIVE 

AGREEMENTS TO STATE AND LOCAL GOVERNMENTS--Table of Contents

 

                    Subpart C_Post-Award Requirements

 

Sec.  80.22  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) For each kind of organization, there is a set of Federal 

principles for determining allowable costs. For the costs of a State, 

local, or Indian tribal government, the Secretary applies the cost 

principles in OMB Circular A-87, as amended on June 9, 1987.



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           For the costs of a--                Use the principles in--

------------------------------------------------------------------------

State, local or Indian tribal government..  OMB Circular A-87.

Private nonprofit organization other than   OMB Circular A-122.

 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

 hospital and an organization named in OBM   Cost Principles and

 Circular A-122 as not subject to that       Procedures, or uniform cost

 circular.                                   accounting standards that

                                             comply with cost principles

                                             acceptable to the Federal

                                             agency.

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(Authority: 20 U.S.C. 3474; OMB Circular A-102)



[53 FR 8071 and 8087, Mar. 11, 1988, as amended at 53 FR 8072, Mar. 11, 

1988]