(a) Where a funding period is specified, a recipient may charge to the grant only allowable costs resulting from obligations incurred during the funding period and any pre-award costs authorized by DOL.
(b) Where an expenditure period is specified, a grantee may charge to the award only the accrued expenditures incurred during the expenditure period.
[72 FR 37104, July 9, 2007]
source: 59 FR 38271, July 27, 1994, unless otherwise noted.
cite as: 29 CFR 95.28