08 .0503 - ELIGIBLE PROJECT COSTS

08 .0503. ELIGIBLE PROJECT COSTS

Eligible costs may include the cost of purchase or acquisition of capital equipment or interests therein. Eligible costs are limited to the actual costs of the work or works described in the project application for a state grant and do not include recurring annual expenditures for administration, repairs, operation and maintenance of any land records management systems. No interest cost will be allowed.

(Authority G.S. 102-15; 102-17; 143-345.6; Eff. February 27, 1979; Transferred from T01.21 effective August 25, 1986.)

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