1. Regulations
  2. title 34
  3. chapter VI
  4. part 658
  5. subpart E
  6. § 658.40

View all text of Subpart E [§ 658.40 - § 658.41]

§ 658.40 - What are the limitations on allowable costs?

(a) Equipment costs may not exceed five percent of the grant amount; and

(b) No more than ten percent of the total amount of grant funds awarded to a grantee under this part may be used for the activity described in § 658.11(j).

(Authority: 20 U.S.C. 1124) [74 FR 35074, July 17, 2009]

AUTHORITY: 20 U.S.C. 1124, unless otherwise noted.

SOURCE: 47 FR 14122, Apr. 1, 1982, unless otherwise noted.

CITE AS: 34 CFR 658.40