FAR 42.705-4 — State and local governments
Regulatory text. Not legal advice.
The OMB Uniform Guidance at 2 CFR DFARS Part 200, subpart E and appendix V, concerning cost principles for state and local governments (see FAR Subpart 31.6) establishes the cognizant agency concept and the procedures for determining a cognizant agency for approving State and local government indirect costs associated with federally-funded programs and activities. The indirect cost rates negotiated and approved by the cognizant agency for indirect costs will be used by all Federal agencies that also award contracts to these same State and local governments.
Citation history: [81 FR 45854, July 14, 2016]
Source: eCFR • Pulled 2026-04-16