2 CFR § 1108.135
Cost-type subaward
July 31, 2023
§ 1108.135 Cost-type subaward.
Cost-type subaward means a subaward that:
(a) A recipient or subrecipient makes to another entity at the next lower tier; and
(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.
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