Arizona State University Indirect Rate Agreement

This is how it works: to determine the amount of reimbursement, a university and the federal government regularly assess all of these shared costs and work together to determine the corresponding federal share. The total number is ultimately calculated as a percentage of the amount allocated by the federal government for direct research costs (no percentage of the total funds that most people see, which is a common miscalcization). As a general rule, the university does not lower the prices of institutions and administrative services (R and D). For each project, the costs incurred by utility companies and other facilities-based costs are borne by projects in academic spaces and institutions. In addition, the F-A must adequately cover the total cost of managing the sponsored activity, including sponsored projects and contract services, compliance, general council, police, the president`s office, business affairs, staff, administrative staff and many others. No, that`s not true. A university`s indirect cost rate does NOT give the percentage of total federal research aid expenditures for indirect costs, but a second calculation must be made to determine this percentage. 2. Research and development costs (indirect costs) – universities inc afford considerable costs that entail and during the implementation of federal research projects. Research and development costs cover part of the university`s infrastructure and operating costs that are required to conduct federally funded research. These shared costs cover part of it: improving the competitive advantage of the project, limiting sponsorship funding or the value of the project are all examples of unacceptable justifications for a reduced rate of research and development costs.

All the projects supported are dignified efforts and serve to support the mission of the university. System facilities and university of Maine administrative cost rates: www.maine.edu/finance/policies-procedures-and-reports/administrative-facilities-benefit-cost-rates/ clinical trials are typically conducted off-campus, usually with an important component of patient care in the budget with a standard agreement. Because clinical trials involve insignificant facilities and maintenance costs, as well as minimal administrative costs and a component of patient care, the university accepts a 30% research and development cost rate for TDC costs for eligible clinical trials using the university`s standard agreement. The university must ensure that federal sponsors do not subsidize the research and development costs of other sponsors.