Welcome back to the Cost Corner, where we provide practical insight into the complex cost and pricing requirements that apply to Government contractors. This is the second article in a multi-part ...
Massachusetts Hall is located in Harvard Yard and houses the University president's office. As indirect costs from the National Institutes of Health hang in legal limbo, Harvard's rate has come under ...
Federal regulations require that similar costs be treated consistently as either direct costs or indirect costs, in like circumstances. This regulation imposes a requirement on the University to ...
The disclosure statement is called the DS2 and the format is prescribed by Uniform Guidance. It discloses our cost accounting principles and how we account for our indirect and direct cost pools. It ...
The F&A rate is negotiated between Drexel University and the Department of Health and Human Services Cost Allocation Services. Drexel submitted its last proposal in December 2022 using its base year ...
Indirect costs (Facilities and Administrative (F&A) costs) are charged to externally sponsored awards, unless specifically prohibited by the funding agency. A percentage of indirect (F&A) costs ...
The indirect cost rate is a percentage of Modified Total Direct Costs negotiated and approved by the Department of Health and Human Services. This means that when proposals for grants and contracts ...
The Department of Defense is planning to cap indirect cost reimbursement rates for higher education institutions at 15 percent, according to a May 14 memo signed by Secretary of Defense Pete Hegseth. ...
“It is not possible to perform the research funded by direct costs without the infrastructure supported by indirect costs,” said Eric W. Kaler, PhD. On February 10, a group of 22 state attorneys ...
Is this the end of the world as universities and similar research institutions in the U.S. know it? Well, they probably don’t feel fine after the National Institutes of Health announced on Friday ...