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Title 2 Part 200 → Subpart A → §200.68

Title 2 → Subtitle A → Chapter II → Part 200 → Subpart A → §200.68

Electronic Code of Federal Regulations e-CFR

Title 2 Part 200 → Subpart A → §200.68

e-CFR data is current as of December 3, 2019

Title 2Subtitle AChapter IIPart 200Subpart A → §200.68


Title 2: Grants and Agreements
PART 200—UNIFORM ADMINISTRATIVE REQUIREMENTS, COST PRINCIPLES, AND AUDIT REQUIREMENTS FOR FEDERAL AWARDS
Subpart A—Acronyms and Definitions


§200.68   Modified Total Direct Cost (MTDC).

MTDC means all direct salaries and wages, applicable fringe benefits, materials and supplies, services, travel, and up to the first $25,000 of each subaward (regardless of the period of performance of the subawards under the award). MTDC excludes equipment, capital expenditures, charges for patient care, rental costs, tuition remission, scholarships and fellowships, participant support costs and the portion of each subaward in excess of $25,000. Other items may only be excluded when necessary to avoid a serious inequity in the distribution of indirect costs, and with the approval of the cognizant agency for indirect costs.

[79 FR 75880, Dec. 19, 2014]


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