Subgrantee. No indirect costs of a subgrantee are separately eligible be- cause the percentage allowance in paragraph (a)(2)(ii) of this section cov- ers necessary costs of requesting, ob- taining and administering Federal as- sistance. [55 FR 2307, Jan. 23, 1990, as amended at 58 FR 47996, Sept. 14, 1993; 63 FR 64426, Nov. 20, 1998; 64 FR 55161, Oct. 12, 1999] §§ 206.229–206.249 [Reserved] SOURCE: 56 FR 64560, Dec. 11, 1991, unless otherwise noted. (a) Sections 311 and 406(d) of the Staf- ford Act, and the Flood Disaster Pro- tection Act of 1973, Public Law 93–234, set forth certain insurance require- ments which apply to disaster assist- ance provided by FEMA. The require- ments of this subpart apply to all as- sistance provided pursuant to section 406 of the ▇▇▇▇▇▇▇▇ Act with respect to any major disaster declared by the President after November 23, 1988. (b) Insurance requirements pre- scribed in this subpart shall apply equally to private nonprofit (PNP) fa- cilities which receive assistance under section 406 of the Act. PNP organiza- tions shall submit the necessary docu- mentation and assurances required by this subpart to the Grantee. (c) Actual and anticipated insurance recoveries shall be deducted from oth- erwise eligible costs, in accordance with this subpart. (d) The full coverage available under the standard flood insurance policy from the National Flood Insurance Program (NFIP) will be subtracted from otherwise eligible costs for a building and its contents within the special flood hazard area in accordance with § 206.252. (e) The insurance requirements of this subpart should not be interpreted as a substitute for various hazard miti- gation techniques which may be avail- able to reduce the incidence and sever- ity of future damage.
Appears in 1 contract
Subgrantee. No indirect costs of a subgrantee are separately eligible be- cause the percentage allowance in paragraph (a)(2)(ii) of this section cov- ers necessary costs of requesting, ob- taining and administering Federal as- sistance. [55 FR 2307, Jan. 23, 1990, as amended at 58 FR 47996, Sept. 14, 1993; 63 FR 64426, Nov. 20, 1998; 64 FR 55161, Oct. 12, 1999] §§ 206.229–206.249 [Reserved] SOURCE: 56 FR 64560, Dec. 11, 1991, unless otherwise noted.
(a) Sections 311 and 406(d) of the Staf- ford Act, and the Flood Disaster Pro- tection Act of 1973, Public Law 93–234, set forth certain insurance require- ments which apply to disaster assist- ance provided by FEMA. The require- ments of this subpart apply to all as- sistance provided pursuant to section 406 of the ▇▇▇▇▇▇▇▇ Act with respect to any major disaster declared by the President after November 23, 1988.
(b) Insurance requirements pre- scribed in this subpart shall apply equally to private nonprofit (PNP) fa- cilities which receive assistance under section 406 of the Act. PNP organiza- tions shall submit the necessary docu- mentation and assurances required by this subpart to the Grantee.
(c) Actual and anticipated insurance recoveries shall be deducted from oth- erwise eligible costs, in accordance with this subpart.
(d) The full coverage available under the standard flood insurance policy from the National Flood Insurance Program (NFIP) will be subtracted from otherwise eligible costs for a building and its contents within the special flood hazard area in accordance with § 206.252.
(e) The insurance requirements of this subpart should not be interpreted as a substitute for various hazard miti- gation techniques which may be avail- able to reduce the incidence and sever- ity of future damage.
(a) Assistance means any form of a Federal grant under section 406 of the ▇▇▇▇▇▇▇▇ Act to replace, restore, repair, reconstruct, or construct any facility and/or its contents as a result of a major disaster.
(b) Building means a walled and roofed structure, other than a gas, or liquid storage tank, that is principally above ground and affixed to a perma- nent site, as well as a manufactured home on a permanent foundation.
(c) Community means any State or po- litical subdivision thereof, or any In- dian tribe or authorized tribal organi- zation, or Alaskan Native Village or authorized native organization which has authority to adopt and enforce floodplain management regulations for the areas within its jurisdiction.
Appears in 1 contract