10 C.F.R. § 600.222   Allowable costs.


Title 10 - Energy


Title 10: Energy
PART 600—FINANCIAL ASSISTANCE RULES
Subpart C—Uniform Administrative Requirements for Grants and Cooperative Agreements to State and Local Governments
Post-Award Requirements

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§ 600.222   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) Applicable cost principles. For each kind of organization, there is a set of Federal principles for determining allowable costs. Allowable costs will be determined in accordance with the cost principles applicable to the organization incurring the costs. The following chart lists the kinds of organizations and the applicable cost principles.

 ------------------------------------------------------------------------            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.For-profit organization other than a        48 CFR 931.2 hospital and an organization named in OMB Circular A-122 as not subject to that circular..Hospitals.................................  45 CFR part 74, Appendix E------------------------------------------------------------------------

[53 FR 8087, Mar. 11, 1988 as amended at 53 FR 8047, Mar. 11, 1988]

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