Common use of Governing Regulations Clause in Contracts

Governing Regulations. The Grantee acknowledges that its performance shall be governed by and in compliance with the following Administrative and Cost Principles: For State, Local and/or Tribal Governmental Entities:  49 C.F.R. Part 18, "Uniform Administrative Requirements for Grants and Cooperative Agreements to State and Local Governments"  OMB Circular A-87, "Cost Principles for State and Local Governments," as amended. For non-profit and for-profit:  49 C.F.R. Part 19, “Uniform Administrative Requirements for Grants and Cooperative Agreements With Institutions of Higher Education, Hospitals, and Other Non-Profit Organizations” (applies to non-profit and for-profit organizations)  OMB Circular X- 00, “Cost Principles for Educational Institutions” (applies to educational institutions)  OMB Circular A-122, “Cost Principles for Nonprofit Organizations” (applies to private non- profit organizations)  Federal Acquisition Regulation, 48 C.F.R. Chapter I, Subpart 31.2, “Contracts with Commercial Organizations” (applies to for-profit organizations). These identified circulars and regulations are hereby incorporated into this Agreement by reference as if fully set out herein.

Governing Regulations. The Grantee acknowledges that its performance shall be governed by and in compliance with the following Administrative and Cost Principles: For State, Local and/or Tribal Governmental Entities:  • 49 C.F.R. Part 18, "Uniform Administrative Requirements for Grants and Cooperative Agreements to State and Local Governments"  • OMB Circular A-87, "Cost Principles for State and Local Governments," as amended. For non-profit and for-profit:  • 49 C.F.R. Part 19, “Uniform Administrative Requirements for Grants and Cooperative Agreements With Institutions of Higher Education, Hospitals, and Other Non-Profit Organizations” (applies to non-profit and for-profit organizations)  • OMB Circular X- 00, “Cost Principles for Educational Institutions” (applies to educational institutions)  • OMB Circular A-122, “Cost Principles for Nonprofit Organizations” (applies to private non- profit organizations)  • Federal Acquisition Regulation, 48 C.F.R. Chapter I, Subpart 31.2, “Contracts with Commercial Organizations” (applies to for-profit organizations). These identified circulars and regulations are hereby incorporated into this Agreement by reference as if fully set out herein.