Allowable and Non-Allowable Costs Guidance

Allowable and Non-Allowable Costs

3. Specific Cost Guidance by Category

3.44. Termination costs applicable to sponsored agreements

Ref: § 200.471. 

Termination of a Federal award generally gives rise to the incurrence of costs, or the need for special treatment of costs, which would not have arisen had the Federal award not been terminated. Cost principles covering these items are set forth in this section. They are to be used in conjunction with the other provisions of this part in termination situations. Cost principles covering these items are generally allowable.