(a)
The maximum indirect cost rate for all consortium partners and any cost-type contract made under these grants is eight percent of a modified total direct cost base or the partner's negotiated indirect cost rate, whichever rate is lower.
(b)
For purposes of this section, a modified total direct cost base is total direct costs less stipends, tuition, and related fees, and capital expenditures of $5,000 or more.
(c)
Indirect costs in excess of the maximum may not be—
(1)
Charged as direct costs by the grantee;
(2)
Used by the grantee to satisfy matching or cost sharing requirements; or
(3)
Charged by the grantee to another Federal award.
Code of Federal Regulations
(Authority:
20 U.S.C. 6832
)