40 Tex. Admin. Code § 837.27

Current through Reg. 49, No. 45; November 8, 2024

Section 837.27 - Administrative Costs Limitation

Costs that are allowable, necessary, and reasonably incurred by a grant recipient to properly administer and manage the funds, such as salaries for grant recipient supervisors and administrative supplies, are considered administrative costs. Administrative costs may not exceed 15 percent of the total contract.

40 Tex. Admin. Code § 837.27

The provisions of this §837.27 adopted to be effective January 26, 2005, 30 TexReg 277; Amended by Texas Register, Volume 43, Number 16, April 20, 2018, TexReg 2454, eff. 4/23/2018