Regulations last checked for updates: Apr 25, 2024

Title 49 - Transportation last revised: Apr 11, 2024
§ 29.419 - Does the award of formula funds entitle a Tribe to receipt of contract support costs?

The award of formula funds does not entitle a Tribe to receive contract support costs under 25 U.S.C. 5325(a). A funding agreement will not provide additional funds for contract support costs to carry out PSFAs. While a Tribe is not entitled to additional funds for contract support costs, a Tribe may use a portion of its formula funds (§ 29.400(a) and (b)) for overhead and administrative expenses if such costs are reasonable, allowable, and allocable in accordance with 2 CFR part 200 and the statutory and regulatory requirements applicable to the funding source.

authority: 23 U.S.C. 207
source: 85 FR 33504, June 1, 2020, unless otherwise noted.
cite as: 49 CFR 29.419