34 CFR § 658.40 - What are the limitations on allowable costs?
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§ 658.40 What are the limitations on allowable costs?
(a) Equipment costs may not exceed five percent of the grant amount; and
(b) No more than ten percent of the total amount of grant funds awarded to a grantee under this part may be used for the activity described in § 658.11(j).
(Authority: 20 U.S.C. 1124)
[74 FR 35074, July 17, 2009]