34 C.F.R. § 74.27 Allowable costs.
Title 34 - Education
(a) For each kind of recipient, there is a set of cost principles for determining allowable costs. Allowability of costs are determined in accordance with the cost principles applicable to the entity incurring the costs, as specified in the following chart. Note: OMB circulars are available from the Office of Management and Budget, Publication Office, Room 2200, New Executive Office Building, Washington, DC 20503 (202) 395–7332.) (b) The cost principles applicable to a State, a local government, or Federally recognized Indian tribal government are specified at 34 CFR §80.22. (Authority: 20 U.S.C. 1221e–3, 3474; OMB Circular A–110)
Title 34: Education
PART 74—ADMINISTRATION OF GRANTS AND AGREEMENTS WITH INSTITUTIONS OF HIGHER EDUCATION, HOSPITALS, AND OTHER NON-PROFIT ORGANIZATIONS
Subpart C—Post-Award Requirements
Financial and Program Management
§ 74.27 Allowable costs.
------------------------------------------------------------------------ For the cost of a_ Use the principles in_------------------------------------------------------------------------Private nonprofit organization OMB Circular A-122. other than (1) An institution of higher education; (2) a hospital; or (3) an organization named in OMB Circular A-122 as not subject to that circular.Educational institution........... OMB Circular A-21.Hospital.......................... Appendix E to 45 CFR part 74.Commercial for-profit organization 48 CFR part 31 Contract Cost other than a hospital and an Principles and Procedures or educational institution. uniform cost accounting standards that comply with cost principles acceptable to ED.------------------------------------------------------------------------
