Texas Administrative Code
Title 40 - SOCIAL SERVICES AND ASSISTANCE
Part 15 - TEXAS VETERANS COMMISSION
Chapter 460 - FUND FOR VETERANS' ASSISTANCE
Subchapter A - GENERAL PROVISIONS REGARDING THE FUND FOR VETERANS' ASSISTANCE PROGRAM
Section 460.9 - Administrative Costs
Universal Citation: 40 TX Admin Code ยง 460.9
Current through Reg. 49, No. 38; September 20, 2024
(a) Administrative costs shall not exceed the amount specified in the grant application instructions.
(b) Administrative costs must be budgeted by line-item in the grant application, unless:
(1) the applicant has a cost allocation plan
approved by a federal agency; or
(2) the applicant's cost allocation plan has
an indirect cost rate approved by a federal agency.
(c) An applicant that has a current cost allocation plan with an indirect cost approved by a federal agency may budget up to the amount of allowable administrative costs or the approved indirect cost rate, whichever is lower.
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