§29.504. What cost principles must a Tribe apply in compacts and funding agreements?
49 C.F.R. § 29.504
A Tribe must apply the applicable cost principles of the Office of Management and Budget's Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards, 2 CFR part 200, except as modified by:
25 U.S.C. 5325(k), which sets forth certain categories of allowable uses of funds that a Tribe may include in a funding agreement provided that such use supports implementation of a PSFA;
Other provisions of Federal law; or
Any subsequent exemptions granted by the Office of Management and Budget.
The Department may not require a Tribe to apply other audit or accounting standards.
Notes, amendments, and revision history
Authority
Authority: 23 U.S.C. 207
Source
Source: 85 FR 33504, June 1, 2020, unless otherwise noted.