CFR > Title 45 - Public Welfare > SUBTITLE B—Regulations Relating to Public Welfare > CHAPTER XI—NATIONAL FOUNDATION ON THE ARTS AND THE HUMANITIES (parts 1100 to 1186) > SUBCHAPTER E—INSTITUTE OF MUSEUM AND LIBRARY SERVICES (parts 1180 to 1186) > PART 1180—GRANTS REGULATIONS > SUBPART B—General Application, Selection and Award Procedures Applications (§1180.30 to §1180.43) > 1180.41—The cost analysis; basis for grant amount.

1180.41—The cost analysis; basis for grant amount.

Before the Director sets the amount of a grant, a cost analysis of the project is made which involves an examination of:
(a) The cost data in the detailed budget for the project;
(b) Specific elements of cost; and
(c) The necessity, reasonableness, and allowability under applicable statutes and regulations.
[60 FR 63964, Dec. 13, 1995]