The rate, expressed as a percentage of a base amount established by negotiation with the cognizant federal agency on the basis of the institution's projected costs for the year and distributed as prescribed in OMB Circular A-21.§ At Texas State, indirect costs are applied to a modified total direct cost (MTDC) base. The indirect cost rate is charged on a set of direct costs known as an indirect cost base.
The ratio, expressed as a percentage, of the total indirect cost to the direct cost base (modified total direct costs).
A percentage (rate) applied to the sponsor supported project costs. The rate is multiplied by a base amount, the product of which is the indirect costs the grantee will recover from the sponsor. The base amount can be the total direct costs (TDC) charged to a contract/grant or a portion of total direct costs. The later is usually referred to as modified total direct costs (MTDC). The rate, and base to which the rate is applied, are determined by negotiations with a sponsor. UC Davis has negotiated a number of different rates depending on the location (i.e. on-campus/off-campus), and the nature of the project (i.e. research, public service, instruction) Rates and base amounts for Federal contracts/grants are negotiated with the U.S. Department of Health and Human Services (DHHS). For non-Federal sponsors the indirect cost rates and base amounts are negotiated individually with each sponsor/program.
a device for equitably allocating indirect costs to projects
a mathematical computation that is the ratio between the total indirect costs (pool) and an equitable direct cost base
a method of allocating a portion of the indirect costs to each project or activity
a method to allocate indirect costs to a specific project or function, usually as a percentage of salaries and wages or as a percentage of total direct costs
A ratio, expressed as a percentage or dollar unit value derived via the allocation of the allowable indirect expenses to an appropriate base (e.g., Modified Total Direct Cost (MTDC), gross assignable square footage, expensed payroll, etc.) Calculation of the rate is as follows: Indirect Cost Pool / Applicable Allocation Base = Indirect Cost Rate
A device for determining in a reasonable manner the proportion of indirect costs each cost objective should bear. It is the ratio (expressed as a percentage) of the common or joint indirect costs to the total direct costs. Restricted indirect cost rates - Restricted indirect cost rates are used for programs which require expenditures which supplement state or local efforts. Simplified indirect cost rates include those indirect costs associated with support services such as: director of business, fiscal internal, staff, and data processing. Unrestricted indirect cost rates -Unrestricted indirect cost rates are used for programs which supplement and/or supplant local and state funds. All cost classifications are the same for both restricted and unrestricted rate computations with one exception. Accounts 1, 2, 5-2540 (operation and maintenance of plant services) are treated as indirect costs in unrestricted rate computations.
The rate, expressed as a percentage of a base amount (MTDC), established by negotiation with the cognizant federal agency on the basis of the institution's projected costs for the year and distributed as prescribed in OMB Circular A-21. The indirect cost rate is charged on a set of direct costs known as an indirect cost base. (Also see Modified Total Direct Costs.)
is a percentage established by a Federal department or agency for a grantee organization, which the grantee uses in computing the dollar amount it charges to the grant to reimburse itself for indirect costs incurred in doing the work of the grant project.
The device for determining the proportion of an organization’s general expenses each of its projects should bear. The indirect cost rate is a percentage rate negotiated by the university, normally with the federal agency most involved with research at the university. When the rate is applied to a base of the project’s direct costs, it determines the maximum reimbursable indirect costs of the project. A single indirect cost rate is usually negotiated for use on all federally funded projects at an institution.
The rate, expressed as a percentage of the base amount of salaries and wages ( established by negotiation with the cognizant federal agency on the basis of the institution's projected costs for the year and distributed as prescribed in OMB Circular A-21.
