University Of Missouri Indirect Cost Rate Agreement

If a faculty member`s salary exceeds the nih ceiling, the proposal`s budget should reflect the actual base salary. Therefore, if the cap is raised, the university can recoup the salary at the highest rate. If you work with a professor from another university who wants to work as a consultant for your scholarship, you don`t need a subcontract. In these cases, the contract is with the individual and not with the other institution, because the staff of the other university does not set up the facilities or administrative services of the university. A: Keep in mind that in many cases, due to the introduction of accounting cost standards (CAS), federal sponsors no longer carry out in-depth revisions to proposal budgets. Depending on the case, the federal authorities expect the applicant to be familiar with cost principles and exclude unauthorized costs from those budgets. Therefore, universities cannot depend on the rationalization that the non-elimination of a cost item from the budget allocated by a sponsor involves the sponsor`s agreement on this cost item. To position your argument in this direction, the proposal budget should contain at least one separate page entitled “Budget Adjustment” that identifies and justifies these non-routine or normally unauthorized expenditures for the project – OSP must render the verdict before submitting it on the basis of the circumstances of the IP explanatory statement. A: The cost share is part of the proposal`s budget and appears either in a separate column or in a separate column, which is referred to as “other” for third-party participation in the costs of the ePSRS. Once an award is awarded, it is the university`s responsibility to track cost-effectiveness. These phrases are applied on an MTDC (Modified Total Direct Costs) basis. These research and development costs, also known as “indirect costs” or “overhead,” help cover the actual costs of the university activity, which are necessary for your research but cannot be specifically attributed to a single project.

However, if you intend to work with a professor from another university and this collaboration involves the use of the facilities and administrative institutions of the other university, you must enter into a subcontract and not a consulting agreement. Tuition and tuition fees are excluded from the total direct cost for determining the modified total direct cost (MTDC) of the amended total direct costs (MTDC): included, but not limited to the following categories of expenditure; Wages and salaries, ancillary services, supplies, supplies, services, travel and sub-subsidies and subcontracting up to the first $25,000 of subcontracting (regardless of the period covered by subcontracting or subcontracting (i.e. the duration of competition under the agreement). MtDC excludes equipment, capital expenditures, patient care costs, study mission, rental fees for facilities outside the site, scholarships and scholarships, and the share of each sub-subsidy and subcontracting of more than $25,000.

Share
This entry was posted in Uncategorized. Bookmark the permalink.