3. Specific Cost Guidance by Category
3.23. Insurance and indemnification
Ref: 2 CFR Part 200, §200.447.
Costs of insurance required
or approved, and maintained, pursuant to the sponsored agreement, are allowable. Costs of
other insurance maintained by the institution in connection with the general conduct of its
activities, are allowable subject to limitations. Request prior approval from your CTE Program Coordinator.