If a particular activity is not specifically disallowed under the applicable OMB Cost Principles or grant terms, does that mean it is allowed?
Not necessarily. OMB Cost Principles do not authorize costs or expenditures; they merely limit the allowability of costs or expenditures. The burden is on the grantee to demonstrate that a particular cost is consistent with the approved budget and properly chargeable to the grant as reasonable and necessary — not merely that it is not on the list of disallowed costs. This is ultimately a determination for the Corporation to make.
Related Questions
- How can I develop some concrete way to let the child know that he has completed a particular activity rather than my just signing FINISHED?
- Within the activity cost element, what is the maximum allowable for spending in percentage terms?
- Where can I find the link to OMB Circular A-21, Cost Principles for Educational Institutions?
