For grants awarded for projects under this division, the administering agency may, when awarding a grant, reimburse the grantee's indirect costs. When reimbursing a grantee for indirect costs, the administering agency shall apply one of the following rates, as requested by the grantee:
(a) The grantee's negotiated indirect cost rate, pursuant to its negotiated indirect cost rate agreement.(b) The de minimis indirect cost rate specified in Part 200 of Title 2 of the Code of Federal Regulations.(c) A rate negotiated by the grantee with another state agency within the last five years.(d) A rate proposed by the grantee in the grantee's program application with the administering state agency if the grantee does not have an existing state rate.Ca. Pub. Res. Code § 90133
Added by Stats 2024 ch 83 (SB 867),s 2, eff. 11/6/2024 upon the approval by the voters of the Safe Drinkiing Water, Wildfire Prevention, Drought Preparedness, and Clean Air Bond Act of 2024 (Approved in Proposition 4 at the November 5, 2024, election.).