§ 1128.300 - Purpose of FMS Article III.

Related Notices
- 2020-16414. Final rule. 2020-16414. Administrative Requirements Terms and Conditions for Cost-Type Grants and Cooperative Agreements to Nonprofit and Governmental Entities
- 2016-25701. Proposed rule. 2016-25701. Administrative Requirements Terms and Conditions for Cost-Type Awards to Nonprofit and Governmental Entities

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§ 1128.300 Purpose of FMS Article III.

FMS Article III of the general terms and conditions specifies what costs are allowable as charges to awards and when they are allowable. It also specifies restrictions on payment of fee or profit. It thereby implements OMB guidance in §§ 200.209 and 200.309 and Subpart E of 2 CFR part 200. It also partially implements 2 CFR 200.201(b)(1) and 200.323(c), as those sections apply to the cost principles to be used in relation to subawards and contracts, respectively.

                    
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§ 1128.300 - Purpose of FMS Article III.

§ 1128.300 Purpose of FMS Article III.