CFR /  Title 34  /  Part 658  /  Sec. 658.40 What are the limitations on allowable costs?

(a) Equipment costs may not exceed five percent of the grant amount; and

(b) No more than ten percent of the total amount of grant funds awarded to a grantee under this part may be used for the activity described in Sec. 658.11(j). (Authority: 20 U.S.C. 1124) [74 FR 35074, July 17, 2009]