2 C.F.R. § 1108.135

Current through May 31, 2024

Section 1108.135 - Cost-type subaward

Cost-type subaward means a subaward that:

(a) A recipient or subrecipient makes to another entity at the next lower tier; and

(b) Provides for payments to the entity that receives the cost-type subaward based on the actual, allowable costs it incurs in carrying out the subaward.

2 C.F.R. §1108.135

85 FR 51230, 10/19/2020