Source: https://www.law.cornell.edu/cfr/text/2/appendix-VII_to_part_200
Timestamp: 2019-09-21 13:34:45
Document Index: 279638453

Matched Legal Cases: ['art 200', 'art 200', 'art 200', 'art 200', 'art 200', '§ 200', '§ 200']

2 CFR Appendix VII to Part 200 - States and Local Government and Indian Tribe Indirect Cost Proposals | CFR | US Law | LII / Legal Information Institute
Appendix VII to Part 200. States and Local Government and Indian Tribe Indirect Cost Proposals
Appendix VII to Part 200 - States and Local Government and Indian Tribe Indirect Cost Proposals
2. Indirect costs include (a) the indirect costs originating in each department or agency of the governmental unit carrying out Federal awards and (b) the costs of central governmental services distributed through the central service cost allocation plan (as described in Appendix V to Part 200 - State/Local Government and Indian Tribe-Wide Central Service Cost Allocation Plans) and not otherwise treated as direct costs.
5. This Appendix does not apply to state public assistance agencies. These agencies should refer instead to Appendix VI to Part 200 - Public Assistance Cost Allocation Plans.
a. All departments or agencies of the governmental unit desiring to claim indirect costs under Federal awards must prepare an indirect cost rate proposal and related documentation to support those costs. The proposal and related documentation must be retained for audit in accordance with the records retention requirements contained in § 200.333 Retention Requirements for Records.
4. Refunds must be made if proposals are later found to have included costs that (a) are unallowable (i) as specified by law or regulation, (ii) as identified in § 200.420 Considerations for selected items of cost, of this Part, or (iii) by the terms and conditions of Federal awards, or (b) are unallowable because they are clearly not allocable to Federal awards. These adjustments or refunds will be made regardless of the type of rate negotiated (predetermined, final, fixed, or provisional).