StacksVerified U.S. regulatory reference

2 CFR §1108.135

Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
Cost-type subaward means a subaward that:
  1. (a)A recipient or subrecipient makes to another entity at the next lower tier; and
  2. (b)Provides for payments to the entity that receives the cost-type subaward based on the actual, allowable costs it incurs in carrying out the subaward.