Notwithstanding 34 CFR 75.560-75.562 and 2 CFR part 200, subpart E-Cost Principles, the maximum indirect cost rate that an agency of a State or local government receiving funds under GEAR UP may use to charge indirect costs to these funds is the lesser of-
34 C.F.R. §694.11
Authority: 20 U.S.C. 1070a-21 to 1070a-28