2320.065 Only Allowable Direct Costs may be Charged on Federally Sponsored Project Proposals Policy and Procedure

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Policy

To ensure compliance with federal regulations regarding financial management of sponsored projects; specifically the Uniform Guidance.

Direct costs on federally funded projects, including Federal Flow Through, must be charged in accordance with federal regulations. Only costs that are allowable according to federal regulations may be directly charged to a sponsored project.

2 CFR § 200 Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance).


Published on 2012-03-14

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