Federal Support of Project Grants: Indirect Costs and Cost Sharing : Hearings Before the Subcommittee on Government Research of the Committee on Government Operations, United States Senate, Ninety-first Congress, First SessionU.S. Government Printing Office, 1969 |
Common terms and phrases
A-21 Revised academic allocable allowable amount audit base basis believe benefits Budget Circular Bureau Chairman charges Circular A-21 committee CONGRESS THE LIBRARY contracts with educational cost groupings cost objectives cost of research cost participation cost-sharing costs applicable costs incurred Department of Defense determining direct salaries Director distribution DUBRIDGE educational institutions educational service agreements equipment equitable established facilities faculty Federal agencies Federal Government Federal support fiscal funds government research graduate grantee institutions grants and contracts guidelines HUGHES identified indirect cost rate indirect expenses institution's LIBRARY OF CONGRESS mandatory cost sharing Mansfield amendment ment NASA National Science Foundation negotiation organized research overhead rates percent percentage performed Plasma Physics procedure project grants proposals reasonable reimbursement research agreement research and development research grants research project salaries and wages SEABORG Senator HARRIS Senator MUNDT specific sponsored staff student tion total cost total direct costs unallowable
Popular passages
Page 132 - The loss of useful value as to any one terminated contract is limited to that portion of the acquisition cost which bears the same ratio to the total acquisition cost as the terminated portion of the...
Page 116 - The rate in each case should be stated as the percentage which the amount of the particular indirect cost pool is of the total direct salaries and wages of all research agreements identified with such pool.
Page 132 - Settlement expenses including the following are generally allowable: (l) accounting, legal, clerical, and similar costs reasonably necessary for the preparation and presentation to contracting officers...
Page 126 - Government work to the contractor's total business is such as to influence the contractor in favor of incurring the cost, particularly where the services rendered are not of a continuing nature and have little relationship to work under Government...
Page 108 - A cost may be considered reasonable if the nature of the goods or services acquired or applied, and the amount involved therefor, reflect the action that a prudent person would have taken under the circumstances prevailing at the time the decision to incur the cost was made.
Page 153 - ... must be determined on a case-by-case basis. However, the government recognizes its obligation to participate, to the extent of its fair share, in any specific payment.
Page 122 - ... facilities are material in amount. Computation of the use allowance and/or depreciation will exclude both the cost or any portion of the cost of buildings and equipment borne by or donated by the Federal Government, irrespective of where title was originally vested or where it presently resides and, secondly, the cost of grounds.
Page 132 - The contractor makes all reasonable efforts to terminate, assign, settle, or otherwise reduce the cost of such lease. There also may be included the cost of alterations of such leased property, provided, such alterations were necessary...
Page 158 - H.2. below may be acceptable in the determination of allowable indirect costs. Under this abbreviated procedure, data taken directly from the institution's most recent annual financial report and immediately available supporting information will be utilized as a basis for determining the indirect cost rate applicable to research agreements at the institution.
Page 110 - ... it can readily be expressed in terms of dollars or other quantitative measure (total direct expenditures, direct salaries, man-hours applied, square feet utilized, hours of usage, number of documents processed, population served, and the like); and (2) it is common to the appertaining cost objectives during the base period.