AB880 Enrolled: State Grant and Contract Payment Reform Including Indirect Cost Rules
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Summary
AB880 has been enrolled and presented to the Governor, addressing payment of claims and indirect cost recovery for state government grants and contracts. If signed, this bill would change how grantees and contractors recover indirect costs from state agencies, potentially including CAHSR-related contracts and grants.
Details
Firms and consultants working on CAHSR-related grants and state contracts should monitor this bill closely, as changes to indirect cost recovery rules could directly affect contract structures, billing rates, and financial terms on future and existing awards.
Toward improved or standardized indirect cost recovery for organizations receiving state grants and contracts
California Legislature Governor of California California High-Speed Rail Authority State grant recipients and contractors
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