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.