NEXT WEBINAR • 11/04/2025
"Understanding the Strings to Your Federal Funding Vehicle"
REGISTER HEREFAR 52.216-7
May 9, 2018 / Ed Jameson /
Allowable Cost Clause is a cost-reimbursable award. Recipients are obligated to maintain project cost accounting records for billing and reporting purposes in accordance with the FAR, as well as the unique supplemental FAR regulations published by each agency. Recipients will be subject to government audit after the money is spent.
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