49 C.F.R. § 29.419
Current through October 31, 2024
The award of formula funds does not entitle a Tribe to receive contract support costs under 25 U.S.C. 5325(a) . A funding agreement will not provide additional funds for contract support costs to carry out PSFAs. While a Tribe is not entitled to additional funds for contract support costs, a Tribe may use a portion of its formula funds (§ 29.400(a) and (b) ) for overhead and administrative expenses if such costs are reasonable, allowable, and allocable in accordance with 2 CFR part 200 and the statutory and regulatory requirements applicable to the funding source.
49 C.F.R. §29.419