38 C.F.R. § 17.261 Indirect costs.
Title 38 - Pensions, Bonuses, and Veterans' Relief
The grantee shall allocate expenditures as between direct and indirect costs according to generally accepted accounting procedures. The amount allocated for indirect costs may be computed on a percentage basis or on the basis of a negotiated lump-sum allowance. In the method of computation used, only indirect costs shall be included which bear a reasonable relationship to the planning or program funded by the grant and shall not exceed a percentage greater than the percentage the total institutional indirect cost is of the total direct salaries and wages paid by the institution. [33 FR 6012, Apr. 19, 1968. Redesignated at 61 FR 21966, May 13, 1996]
Title 38: Pensions, Bonuses, and Veterans' Relief
PART 17—MEDICAL
Grants for Exchange of Information
§ 17.261 Indirect costs.
