Basic indirect costs are calculated on a subset of direct costs, normally excluding among other costs, equipment, patient care, space rental, alterations and renovations, and subcontract costs in excess of the first $25,000.
At PCC, the basic indirect costs are calculated on a subset of direct costs, normally excluding among other costs, Equipment, Capital Expenditures, Charges for Patient Care, Tuition Remission, Rental Costs for Off-Site Facilities, Scholarships and Fellowships, and sub-agreement costs in excess of the first $25,000.
The aggregated direct costs for a given University activity, such as organized research, excluding certain costs specified by A-21, including equipment, capital expenditures, tuition remission, stipends, and that portion of a sub-contract in excess of $25,000.
(MTDC) The amount of funds to which an indirect cost rate will be applied. In many cases costs such as equipment, graduate student fees, the amount of a subcontract in excess of $25K, rent, alterations and renovations, and patient care costs are subtracted from the total direct costs before applying an indirect cost rate.
is the sum of the total direct costs minus those items exempt from F&A. The items usually exempt from F&A are permanent equipment, subcontracts (the portion of each that exceeds $25,000), fees, and expense to lease space.
One way of calculating the cost basis for charging F&A. It is the total direct costs minus equipment; capital expenditures (alterations & renovations); charges for patient care and tuition remission; rental costs; scholarships and fellowships; and the portion of each subgrant or subcontract in excess of $25,000, defined in IDC rate agreement. Additional Information: http://rf.osu.edu/pdp/pdp48.cfm
A subset of direct costs, normally excluding costs such as patient care, rental of off-site facilities, tuition remissions, scholarships and fellowships, and equipment, alterations and renovations, and subcontract costs in excess of the first $25,000, on which F&A costs may be charged. MTDC is established by the indirect cost rate agreement.