---
kind: "section"
citation: "25 C.F.R. § 1000.2125"
title: "25"
number: "1000.2125"
heading: "How do OMB circulars and the Act apply to funding agreements?"
url: "https://uscodex.org/cfr/25/1000.2125"
---

# §1000.2125. How do OMB circulars and the Act apply to funding agreements?

- (a) A Tribe/Consortium shall apply cost principles under the applicable OMB circular, except as modified by:
  - (1) Any provision of law, including [25 U.S.C. 5325](/usc/25/5325.md); or
  - (2) **Any exemptions or exceptions granted by OMB.**
- (b) In any circumstances where the provisions of Federal statutes or this part differ from the provisions of [2 CFR part 200](/cfr/2/part200.md), the provisions of the Federal statutes or this part govern. This includes the provisions of Public Law 93-638, including 25 U.S.C. [5325](/usc/25/5325.md) and [5365(c)](/usc/25/5365.md?p=c).

## Notes

### Authority

Authority: 25 U.S.C. 5373

### Source

Source: 89 FR 100245, Dec. 11, 2024, unless otherwise noted.
