Section 3.85 - Indirect Costs(a) If the applicant has an approved federally-recognized indirect cost rate negotiated between the applicant and the federal government and seeks to charge indirect costs to the grant, the applicant shall identify the indirect cost rate and provide supporting documentation as part of the application.(b) If the applicant has a state-approved indirect cost rate negotiated between the applicant and the applicable state agency and seeks to charge indirect costs to the grant, the applicant shall identify the indirect cost rate and provide supporting documentation as part of the application.(c) If the applicant has never received a federally-recognized or state-approved indirect cost rate, indirect costs may be approved in the grant project in an amount not to exceed ten percent of the approved modified total direct costs.(d) Unless otherwise specified, indirect costs are allowable under PSO grants in accordance with applicable state and federal guidelines.1 Tex. Admin. Code § 3.85
The provisions of this §3.85 adopted to be effective February 24, 2000, 25 TexReg 1297; Amended to be effective December 16, 2002, 27 TexReg 11729; Amended to be effective October 13, 2003, 28 TexReg 8873; Amended to be effective June 9, 2004, 29 TexReg 5575; Amended to be effective August 6, 2007, 32 TexReg 4747; Amended by Texas Register, Volume 39, Number 52, December 26, 2014, TexReg 10393, eff. 1/1/2015; Amended by Texas Register, Volume 46, Number 17, April 23, 2021, TexReg 2711, eff. 4/27/2021