91ÌÒÉ«

F&A rate agreement, Proposed Fringe Benefits Rates, and Other Federal Compliance

F&A Cost Rate Agreement

Micro-purchase Limits and Compliance with Uniform Guidance Requirements

The pertinent information regarding the 91ÌÒÉ«'s current Facilities and Administration Cost Rates is as follows:

Institution: 91ÌÒÉ«
Cognizant Agency: Department of Health and Human Services
Agreement Date: December 14, 2017

The Facilities & Administrative cost rates (formerly called indirect cost rates) approved in this agreement are for use on grants, contracts and other agreements with the Federal Government.

MTDC Base:

Modified total direct costs (MTDC), consisting of all direct salaries and wages, applicable fringe benefits, materials, supplies, services, travel and up to the first $25,000 of each sub-award (regardless of the period of performance of the subawards under the award). Modified total direct costs shall exclude equipment, capital expenditures, charges for patient care, tuition remission, rental costs, scholarships and fellowships, participant support costs and the portion of each subaward in excess of $25,000. Other items may only be excluded when necessary to avoid a serious inequity in the distribution of indirect costs with the approval of the cognizant agency for indirect costs.

 ESTIMATED FRINGE BENEFIT RATES FOR GRANT BUDGETING - EFFECTIVE 10/01/18

Fringe benefits are charged based on the actual cost of each fringe (e.g. health insurance, life insurance, etc). The University establishes estimating fringe rates for various categories of employees. Actual fringe benefits are calculated as a percentage of the total salary for each individual employee. The estimated fringe rates are intended to provide adequate funding to cover the actual fringe benefit costs that will be charged to sponsors.