Legalize§ 4708. Payment of reimbursable indirect costs in cost-type research and development contracts with educational institutions
§ 4708. Payment of reimbursable indirect costs in cost-type research and development contracts with educational institutions
A cost-type research and development contract (including a grant) with a university, college, or other educational institution may provide for payment of reimbursable indirect costs on the basis of predetermined fixed-percentage rates applied to the total of the reimbursable direct costs incurred or to an element of the total of the reimbursable direct costs incurred.
(Pub. L. 111–350, § 3, Jan. 4, 2011, 124 Stat. 3799.)
The words “On and after September 5, 1962” are omitted as obsolete.
| Historical and Revision Notes | ||
|---|---|---|
| RevisedSection | Source (U.S. Code) | Source (Statutes at Large) |
| 4708 | 41:254a. | Pub. L. 87–638, Sept. 5, 1962, 76 Stat. 437. |
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