Allowable and Non-Allowable Costs Guidance

Allowable and Non-Allowable Costs

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.