Notwithstanding 34 CFR 75.560-75.562 and 2 CFR 200.414, Indirect (F&A;) costs, the maximum indirect cost rate that any recipient of funds under the Teacher Quality Enhancement Grants Program may use to charge indirect costs to these funds is the lesser of--
(a) The rate established by the negotiated indirect cost agreement; or
(b) Eight percent. (Authority: 20 U.S.C. 1021 et seq.) [65 FR 19614, Apr. 11, 2000, as amended at 79 FR 76101, Dec. 19, 2014]