# 12 C.F.R. § 747.605 (2026): Allowable fees and expenses > Federal · Regulations · In force URL: https://www.frixlaw.com/law-library/statutes/CFR_T12_P747_S747_605 ## Section - **Citation:** 12 C.F.R. § 747.605 (2026) - **Heading:** Allowable fees and expenses - **Jurisdiction:** Federal - **Kind:** Regulations - **Status:** In force - **Text as of:** August 14, 2026 - **Source:** Compiled text - **Location:** Title 12 CFR: Banks and Banking / Chapter VII: NATIONAL CREDIT UNION ADMINISTRATION / Part 747: ADMINISTRATIVE ACTIONS, ADJUDICATIVE HEARINGS, RULES OF PRACTICE AND PROCEDURE, AND INVESTIGATIONS / Subpart G: Local Rules and Procedures Applicable to Recovery of Attorneys Fees and Other Expenses Under the Equal Access to Justice Act in NCUA Board Adjudications / § 747.605: § 747.605 Allowable fees and expenses. ## Text (a) Except as provided by § 747.604(b), awards will be based on rates customarily charged by persons engaged in the business of acting as attorneys, agents and expert witnesses, even if the services were made available without charge or at a reduced rate. (b) No award under this subpart for the fee of an attorney or agent may exceed $75.00 per hour. No award to compensate an expert witness may exceed the highest rate at which NCUA is permitted to pay expert witnesses. However, an award may also include the reasonable expenses of the attorney, agent or witness as a separate item, if the attorney, agent or witness ordinarily charges clients separately for such expenses. (c) In determining the reasonableness of the fee sought for an attorney, agent, or expert witness, the NCUA Board shall consider the following: (1) If the attorney, agent, or expert witness is in private practice, his or her customary fee for like services, or, if he or she is an employee of the applicant, the fully allocated cost of the services; (2) The prevailing rate for similar services in the community in which the attorney, agent, or expert witness ordinarily performs services; (3) The time actually spent in the representation of the applicant; and (4) Such other factors as may bear on the value of the services provided. (d) The reasonable cost of any study, analysis, report, test, project, or similar matter prepared on behalf of the party may be awarded to the extent that the charge for the service does not exceed the prevailing rate for similar services, and the study or other matter was necessary for preparation of the applicant's case. [56 FR 37767, Aug. 8, 1991, as amended at 75 FR 34622, June 18, 2010] ## Nearby sections - [12 C.F.R. § 747.601 (2026) § 747.601 Purpose and scope.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P747_S747_601.md) - [12 C.F.R. § 747.602 (2026) § 747.602 Eligibility of applicants.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P747_S747_602.md) - [12 C.F.R. § 747.603 (2026) § 747.603 Prevailing party.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P747_S747_603.md) - [12 C.F.R. § 747.604 (2026) § 747.604 Standards for award.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P747_S747_604.md) - [12 C.F.R. § 747.605 (2026) § 747.605 Allowable fees and expenses.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P747_S747_605.md) - [12 C.F.R. § 747.606 (2026) § 747.606 Contents of application.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P747_S747_606.md) - [12 C.F.R. § 747.607 (2026) § 747.607 Statement of net worth.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P747_S747_607.md) - [12 C.F.R. § 747.608 (2026) § 747.608 Documentation of fees and expenses.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P747_S747_608.md) - [12 C.F.R. § 747.609 (2026) § 747.609 Filing and service of applications.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P747_S747_609.md) - [12 C.F.R. § 747.610 (2026) § 747.610 Answer to application.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P747_S747_610.md) - [12 C.F.R. § 747.611 (2026) § 747.611 Comments by other parties.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P747_S747_611.md) - [12 C.F.R. § 747.612 (2026) § 747.612 Settlement.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P747_S747_612.md) - [12 C.F.R. § 747.613 (2026) § 747.613 Further proceedings.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P747_S747_613.md) - [12 C.F.R. § 747.614 (2026) § 747.614 Recommended decision.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P747_S747_614.md) --- Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/CFR_T12_P747_S747_605. Check the current official text before relying on it. Not legal advice.