Code of Federal Regulations (Last Updated: May 6, 2024) |
Title 45 - Public Welfare |
Subtitle A - Department of Health and Human Services |
SubChapter A - General Administration |
Part 75 - Uniform Administrative Requirements, Cost Principles, and Audit Requirements for HHS Awards |
Subpart E - Cost Principles |
Special Considerations for Institutions of Higher Education |
§ 75.418 - Costs incurred by states and local governments.
Latest version.
-
§ 75.418 Costs incurred by states and local governments.
Costs incurred or paid by a state or local government on behalf of its IHEs for fringe benefit programs, such as pension costs and FICA and any other costs specifically incurred on behalf of, and in direct benefit to, the IHEs, are allowable costs of such IHEs whether or not these costs are recorded in the accounting records of the institutions, subject to the following:
(b) The costs are properly supported by approved cost allocation plans in accordance with applicable Federal cost accounting principles in this part; and
(c) The costs are not otherwise borne directly or indirectly by the Federal Government.