A cost-type research and development contract (including a grant) with a university, college, or other educational institution may provide for payment of reimbursable indirect costs on the basis of predetermined fixed-percentage rates applied to the total of the reimbursable direct costs incurred or to an element of the total of the reimbursable direct costs incurred.
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41 U.S. Code § 4708 - Payment of reimbursable indirect costs in cost-type research and development contracts with educational institutions
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Historical and Revision Notes |
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Revised Section |
Source (U.S. Code) |
Source (Statutes at Large) |
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4708 |
41:254a. |
Pub. L. 87–638, Sept. 5, 1962, 76 Stat. 437. |
The words “On and after September 5, 1962” are omitted as obsolete.