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Current as of January 02, 2025 | Updated by Findlaw Staff
Cost-type subaward means a subaward that:
(a) A recipient or subrecipient makes to another entity at the next lower tier; and
(b) Provides for payments to the entity that receives the cost-type subaward based on the actual, allowable costs it incurs in carrying out the subaward.
Cite this article: FindLaw.com - Code of Federal Regulations Title 2. Grants and Agreements § 2.1108.135 Cost-type subaward - last updated January 02, 2025 | https://codes.findlaw.com/cfr/title-2-grants-and-agreements/cfr-sect-2-1108-135/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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