United States Code

USC most recently checked for updates: Feb 05, 2023

§ 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.

(Pub. L. 111–350, § 3, Jan. 4, 2011, 124 Stat. 3799.)
cite as: 41 USC 4708