41 USC 4708: Payment of reimbursable indirect costs in cost-type research and development contracts with educational institutions
Text contains those laws in effect on November 14, 2024
From Title 41-PUBLIC CONTRACTSSubtitle I-Federal Procurement PolicyDivision C-ProcurementCHAPTER 47-MISCELLANEOUS
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§4708. Payment of reimbursable indirect costs in cost-type research and development contracts with educational institutions
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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Revised Section | Source (U.S. Code) | Source (Statutes at Large) |
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4708 | 41:254a. |
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The words "On and after September 5, 1962" are omitted as obsolete.