---
kind: "section"
citation: "49 C.F.R. § 29.504"
title: "49"
number: "29.504"
heading: "What cost principles must a Tribe apply in compacts and funding agreements?"
url: "https://uscodex.org/cfr/49/29.504"
---

# §29.504. What cost principles must a Tribe apply in compacts and funding agreements?

- (a) 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](/cfr/2/part200.md), except as modified by:
  - (1) [25 U.S.C. 5325(k)](/usc/25/5325.md?p=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;
  - (2) Other provisions of Federal law; or
  - (3) **Any subsequent exemptions granted by the Office of Management and Budget.**
- (b) The Department may not require a Tribe to apply other audit or accounting standards.

## Notes

### Authority

Authority: 23 U.S.C. 207

### Source

Source: 85 FR 33504, June 1, 2020, unless otherwise noted.