PPT-Administrative and Indirect Costs

Whats the difference Overview Define administrative costs Describe the difference between direct and indirect costs Describe what an indirect cost rate agreement is and where you go to apply for one . OMB Circular A-110 (2 CFR Part 215) . 2 CFR Part 230. Appendix A – General Principles. . GPD Indirect Cost Rate Agreement . Chief, . Operational Oversight Division. Joseph E. Baldwin . Project Review: . . . WHAT ARE INDIRECT COST RATES????. Indirect Cost Pool-How Deep?. Indirect Cost Base-How Large?. Indirect Cost Rate-How High?. AGENDA. . Who Are We- Indirect Cost Branch. Definitions. Why Indirect Cost Rates Are Needed; Including An Example . About . Administrative Costs. Leveraged Resources. Accrued Expenditures &. . Unliquidated Obligations . MoHealthWINs TAACCCT Grant . Prepared by the OTC Finance Office. October 26, 2012. Financial Compliance Issues. UH . Manoa. MEC . November 14, 2013. Office of Research Services. Purpose of F&A Rate. 2. = Research . F. & . A. Rate. +. F & A Research Rate Formula. 3. Last 5 Negotiated F & A Rates. REC Infrastructure Retreat. April 7, 2015. Nancy L. Wilkinson, Office of the Dean for Research (IFAS). Understanding Indirect Costs. – . Today’s Agenda. . Definition. Key Concepts – Facilities & Administrative. . Realistic Strategies. Calculating, Analyzing, & Communicating the Full Cost of Your Programs. November 5, 2015. CalNonprofits. Annual Policy Convention. Co-sponsored by:. California Community Foundation. . TWO COST GROUPS:. DIRECT COSTS. INDIRECT COSTS. FACILITIES. ADMINISTRATION. Direct Costs. Costs that can be identified specifically with a particular sponsored project, an instructional activity, or any other institutional activity; or that can be directly assigned to such activities relatively easily with a high degree of accuracy.. . Appendices III - VII. Indirect/F&A Costs. 2 CFR 200.56. Costs incurred for Common or Joint purposes. Benefit more than one cost objective. Cannot be readily identified with particular cost objective without undue effort. Office of Management and Budget (OMB) – Circular A-87. US Department of Education. Delegates authority for rate determination to states. Delegation agreement renews every five years. Authority. 2. Costs of a general nature which are not readily identifiable with the activities of the grant but are incurred for the joint benefit of those activities and other activities or programs of the organization. OMB Circular A-110 (2 CFR Part 215) . 2 CFR Part 230. Appendix A – General Principles. . GPD Indirect Cost Rate Agreement . Chief, . Operational Oversight Division. Joseph E. Baldwin . Project Review: . HEA Section 203(d). What is the 2% Admin Cost Cap and What are Admin Costs?. An eligible partnership that receives a TQP grant may not use more than two percent of the funds provided to administer the grant.. Direct Costs . +. . Unallowed. Costs. =. Rate %. . Fixed . with Carry-Forward. Indirect Rate Calculation. Indirect Cost Classification Matrix. Classifications: Direct, Excluded, Indirect, or Unallowed. Fiscal Year . #### Rates—provides guidance for all fiscal years. Authority. Office of Management and Budget (OMB) – Circular A-87. US Department of Education. Delegates authority for rate determination to states. Branch Chief. Indirect Cost Services Division (ICSD). Interior Business Center (IBC). U.S. Department of Interior (DOI. ). Agenda. General . Principles . Uniform Guidance. Direct, Indirect, Unallowable, Exclusions.