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Umass Indirect Cost Rate Agreement

Below you will find some examples of the bundled costs used by the university to determine its indirect cost rates: *MTDC = Modified Total Direct Costs: Total Direct Costs excluding capital expenditure (buildings, individual equipment over $5,000, modifications and renovations); the portion of each subaward greater than USD 25,000; patient care; rental/maintenance of off-site activities; the study order; Scholarships and bursaries. Calculation: Direct costs/(1 – eligible indirect tariff) = total cost – Direct costs = Indirect costs Institutions and management rate (R&A) are the mechanisms used to reimburse the university for the costs of infrastructure support, i.e. R&A costs, related to sponsored research and other sponsored agreements. Question and answer rates are essentially overheads calculated as a percentage of the direct costs of sponsored projects. These are real costs to the university and support projects directly sponsored by the University of Oklahoma Health Sciences Center. Sometimes question and answer rates are called indirect cost rates. If a reduced indirect cost rate or full waiver of indirect costs is deemed desirable by the principal investigator, an application may be submitted for review by the Vice-Chancellor, Research and Engagement All Applicants The head of the institution signing the application also certifies the accuracy and completeness of the statements contained in the proposal. Below you will find the PHS certification: “I confirm that the statements contained in this document are true, complete and accurate to the best of my knowledge and belief. I also give the necessary assurances and I agree to fulfill all the consequences that flow from it if I accept a distinction.

I am aware that any false, fictitious or fraudulent statement or allegation may result in criminal, civil or administrative penalties. To sign the application, the institutional officer relies on the IP insurance in the FRP. OMB Circular A-21 also establishes requirements that it is considered permissible for costs to be billed directly to a federal project. The cost principles set out in the OMB Circular require that costs be reasonable, eligible, systematically treated as direct or indirect costs, and be consistent with the restrictions or exclusions set out in A-21 or the sponsored agreement. . . .