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e-CFR data is current as of February 25, 2021

Title 45Subtitle BChapter XVIPart 1629 → §1629.7


Title 45: Public Welfare
PART 1629—BONDING REQUIREMENTS FOR RECIPIENTS


§1629.7   Can LSC funds be used to cover bonding costs?

Costs of bonding required by this part are allowable if expended consistent with 45 CFR part 1630. Costs of bonding such as rates, deductibles, single loss retention, and premiums, are allowable as an indirect cost if such bonding is in accordance with sound business practice and is reasonable.

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