3. Specific Cost Guidance by Category

3.26. Losses on other awards or contracts

Ref: 2 CFR Part 200, §200.451. 

Any excess of costs over income under any other sponsored agreement or contract of any nature is unallowable. This includes, but is not limited to, the institution's contributed portion by reason of cost sharing agreements or under recoveries via negotiation of flat amounts for F&A costs.