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Notes

§1108.315. Project costs.

2 C.F.R. § 1108.315

Project costs means the total of:
(a)
Allowable costs incurred under an award by the recipient, including costs of any subawards and contracts under the award; and
(b)
Cost-sharing or matching contributions that are required under the award, which includes voluntary committed (but not voluntary uncommitted) contributions and the value of any third-party in-kind contributions.
Notes, amendments, and revision history

Authority

Authority: 5 U.S.C. 301 and 10 U.S.C. 113.

Source

Source: 85 FR 51230, Aug. 19, 2020, unless otherwise noted.