2200.10—What does this part do?
The principles in this part deal with the subject of cost determination, and make no attempt to identify the circumstances or dictate the extent of agency and institutional participation in the financing of a particular project. Provision for profit or other increment above cost is outside the scope of this part.
This part adopts the Office of Management and Budget (OMB) guidance in subparts A through I of 2 CFR part 180, as supplemented by this part, as the Corporation for National and Community Service policies and procedures for nonprocurement debarment and suspension. It thereby gives regulatory effect for the Corporation for National and Community Service to the OMB guidance as supplemented by this part. This part satisfies the requirements in section 3 of Executive Order 12549, “Debarment and Suspension” ( 3 CFR 1986 Comp., p. 189), Executive Order 12689, “Debarment and Suspension” ( 3 CFR 1989 Comp., p. 235) and 31 U.S.C. 6101 note ( Section 2455, Pub. L. 103-355, 108 Stat. 3327).