New Mexico Register / Volume XXXVI, Issue 18 / September 23, 2025

This is an amendment to 9.2.20 NMAC, Sections 7 and 8, effective 09/23/2025.

9.2.20.7 Definitions: As used in this part, “indirect cost” means a cost that has been incurred for common or joint purposes and benefits more than one [(1)] activity, such as an intergovernmental agreement or grant. Indirect costs cannot be readily identified with a particular activity without effort disproportionate to the results achieved.

[9.2.20.7 NMAC -Rp, 9.2.20.7 NMAC, 6/30/2015; A, 09/23/2025]

9.2.20.8 INDIRECT COSTS: The department shall allow for indirect costs in intergovernmental agreements for services with any Indian tribal organization of up to ten percent [(10%)] of the total agreement amount, as requested and as determined on a specific basis, provided that the Indian tribal organization has a federally approved indirect cost rate. No indirect costs shall be allowed for capital projects.

[9.2.20.6 NMAC -Rp, 9.2.20.8 NMAC, 6/30/2015; A, 09/23/2025]