Usc Indirect Cost Rate Agreement

The following federal rates for the Health Sciences Campus apply to an MTDC (Total Direct Modified Cost) base. The MTDC is calculated by deducting capital costs ($5,000), patient care costs, study mission, rent and each outsourcing of the first $25,000 in direct costs. Facilities and administrative costs (R-D) are also referred to as indirect costs or overheads. The rate of R and USC`s D is the percentage authorized by the Federal Government that is applied to sponsored projects to recover the costs associated with carrying out project activities and managing research projects. These costs include administrative, equipment, operating and maintenance expenses. (a) In this section, 10 U.S.C.2324(a) to (d) and 41 U.S.C.4303 are implemented. It includes the assessment of penalties against contractors who include ineligible indirect costs (a) to consider the overpayment and interest accrued from the mid-term of the contractor. Use another method just if the fees were not paid equally during the year. (2) The single omb guideline of 2 CFR, Part 200, Appendix III, is entrusted by each educational institution (defined as a higher education institution in the OMB Uniform Guidance in 2 CFR, Part 200, SubsectionS A and 20 S.C 1001) to a single government authority to negotiate indirect cost rates and provides that these rates are accepted by all federal authorities. Public authorities and educational institutions are listed as federal contract control agencies (see 42.103). 2.

In these cases, an appropriate ceiling for final indirect cost rates can be negotiated and set in the treaty. The indirect cost rate is the mechanism by which the university recovers its indirect costs. The university regularly negotiates this rate (as a percentage) with the government and applies the rate to a modified overall direct cost base (p. B. salary, equipment and travel specially allocated to a project) .b at the interest rate set by the Minister of Finance in accordance with the pub. L.92-41 (85stat 97). (i) Where predetermined rates are used and no rates have been set in advance for the current fiscal year of the institution, the Agency receives a proposal for a predetermined rate from the Institute.