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Code of Federal Regulations (Last Updated: July 5, 2024) |
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Title 40 - Protection of Environment |
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Chapter I - Environmental Protection Agency |
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SubChapter B - Grants and Other Federal Assistance |
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Part 35 - State and Local Assistance |
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Subpart E - Grants for Construction of Treatment Works—Clean Water Act |
§ 35.940-4 - Indirect costs.
Latest version.
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Indirect costs shall be allowable in accordance with an indirect cost agreement negotiated and incorporated in the grant agreement. An indirect cost agreement must identify those cost elements allowable under §35.940-1. Where the benefits derived from indirect services cannot be readily determined, a lump sum for overhead may be negotiated if EPA determines that this amount will be approximately the same as the actual indirect costs.