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Allocable costs

Allocable costs

Goods or services involved are chargeable or assignable in accordance with relative benefits received or other equitable relationship

Cost is incurred solely to advance the work, or

Cost benefits both the sponsored agreement & other work of the institution, in proportions that can be approximated through use of reasonable methods, or

Cost is necessary to the overall operation of the institution & is deemed to be assignable in part to sponsored projects

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