LAC 22:III.4505

LAC 22:III.4505. Indirect Costs

Last amended: 2019Year: 2026Length: 84 wordsOfficial source

Cite as La. Admin. Code tit. 22, pt. III, § 4505

A. Indirect costs are ineligible expenditures under any state grant program, unless specifically permitted by the law creating such program. B. Indirect costs on federal subgrants are subject to federal guidance and may be limited further by the respective advisory boards. Indirect costs are not to exceed 10 percent of modified total direct costs. A current Indirect Cost Rate or Allocation Plan previously approved by the cognizant federal agency must be on file with LCLE before submittal of applications to the respective advisory boards.
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