Rule 80702: Indirect Cost Recoveries

Sec. 1 Indirect Cost Recoveries. 

To the extent that indirect cost recoveries from the application of overhead rates are derived from use charges for buildings, other improvements, or equipment, the funds so derived shall be designated for renewals or replacements of such buildings, improvements, or equipment or for other purposes specified and approved in the budget processes as related to the indirect cost recoveries.

Definitions

None

Amended Log

December 10, 2004