Ind. Admin. Code tit. 465, r. 2-16-12 – "Reasonable costs" defined

Affected: IC 31-25-2-7; IC 31-27-3; IC 31-27-5

Sec. 12. "Reasonable costs" mean costs of particular items payable by the department under this rule in amounts that the department determines to be reasonable and consistent with applicable guidelines as described in the following:

(1) 2 CFR Part 225 (OMB Circular A-87 Cost Principles for State, Local, and Indian Tribal Governments).
(2) 2 CFR Part 230 (OMB Circular A-122 Cost Principles for Non-Profit Organizations).
(3) 48 CFR Part 31 Section 201-3 (Determining Reasonableness).

(Department of Child Services; 465 IAC 2-16-12; filed Apr 26, 2011, 11:20 a.m.: 20110525-IR-465100416FRA; readopted filed Jun 21, 2017, 3:25 p.m.: 20170719-IR-465170216RFA; readopted filed Feb 22, 2023, 9:25 a.m.: 20230322-IR-465230002RFA)