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TITLE 40SOCIAL SERVICES AND ASSISTANCE
PART 15TEXAS VETERANS COMMISSION
CHAPTER 460FUND FOR VETERANS' ASSISTANCE PROGRAM
SUBCHAPTER AGENERAL PROVISIONS REGARDING THE FUND FOR VETERANS' ASSISTANCE PROGRAM
RULE §460.9Administrative Costs

(a) Administrative costs shall not exceed the amount specified in the grant application instructions.

(b) Administrative costs must be budgeted by line-item in the grant application, unless:

  (1) the applicant has a cost allocation plan approved by a federal agency; or

  (2) the applicant's cost allocation plan has an indirect cost rate approved by a federal agency.

(c) An applicant that has a current cost allocation plan with an indirect cost approved by a federal agency may budget up to the amount of allowable administrative costs or the approved indirect cost rate, whichever is lower.


Source Note: The provisions of this §460.9 adopted to be effective June 8, 2011, 36 TexReg 3508; amended to be effective December 12, 2011, 36 TexReg 8389

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