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NEW Facilities and Administrative Cost (Indirect) Rate Agreement - IMPORTANT
By Admin (on 12/7/2010 @ 15:50:52, in Important, read 1923 times)

Attached is the new Facilities and Administrative Cost Rate Agreement (or indirect cost rate agreement).

Effective immediately use an indirect cost rate of 45% on all budgets submitted to the Office of Research an Sponsored Programs. If you have a budget that is pending submission to an agency please work with someone in Office of Research and Sponsored Programs to update the budget to reflect the new rate of 45%. All proposals pending submission to the funding agency should be updated to reflect the new rate agreement of 45%.

Open awards, or proposals which have already been submitted to an agency will use the rate in effect at the time the proposal was submitted.

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