WASHINGTON, Nov. 5 -- Legal Services Corporation has issued a rule called: Cost Standards and Procedures; Purchasing and Property Management.
The rule was published in the Federal Register on Nov. 5 by Stefanie Davis, Deputy General Counsel and Ethics Officer, Legal Services Corporation.
Summary: This final rule revises the Legal Services Corporation's (LSC or Corporation) regulations governing cost allowability, prior approval requirements, and property and procurement standards applicable to LSC recipients. The final rule clarifies when recipients must obtain prior approval for expenditures of LSC funds; increases the monetary threshold for prior approval; clarifies the treatment of proceeds from fundraising activities supported with LS...