Indirect Costs

Indirect Costs means costs that are incurred by a grantee for a common or joint purpose benefiting more than one cost objective that are not readily assignable to the cost objectives specifically benefited.

Source

44 CFR § 207.2


Scoping language

Cap means the maximum dollar amount that may be provided to a grantee for management cost funds for a single declaration pursuant to 207.5 of this part.

Is this correct? or