1. (a) "Indirect costs" is defined as any cost not directly identified with a single, final cost objective, but identified with two or more final cost objectives, or with at least one intermediate cost objective. For additional guidelines on "indirect costs," entities should consult UGMS.
2. (b) The OAG will not allow indirect costs unless the entity submits a cost allocation plan approved by a cognizant agency and the costs are approved by the OAG.
3. (c) The OAG reserves the right to limit indirect costs charged to a grant regardless of an applicant's cost allocation plan.

Source Note:The provisions of this §60.208 adopted to be effective July 15, 2003, 28 TexReg 5523.