Limitation on Indirect Costs in Research Grants: Hearing Before the Committee on Science and Astronautics, U.S. House of Representatives, Eighty-seventh Congress, Second Session. July 30, 1962U.S. Government Printing Office, 1962 - 49 pages |
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Page 3
... unallowable . All of these , practically speaking , were in the area of indirect cost , but there was some shading over , because some costs can be treated as direct or indirect . Depending on the accounting practices of the particular ...
... unallowable . All of these , practically speaking , were in the area of indirect cost , but there was some shading over , because some costs can be treated as direct or indirect . Depending on the accounting practices of the particular ...
Page 9
... unallowable , " provided such category of cost identifies a function or activity to which a portion of the institution's general overhead expenses are properly allocable . C. Direct costs 1. Direct costs are those identified as having ...
... unallowable , " provided such category of cost identifies a function or activity to which a portion of the institution's general overhead expenses are properly allocable . C. Direct costs 1. Direct costs are those identified as having ...
Page 13
... unallowable costs , as defined in attachment B , and expenditures for student aid and for annuity payments ) between ( a ) ex- penditures applicable to the indirect expense pool , and ( b ) all other expenditures . The indirect expense ...
... unallowable costs , as defined in attachment B , and expenditures for student aid and for annuity payments ) between ( a ) ex- penditures applicable to the indirect expense pool , and ( b ) all other expenditures . The indirect expense ...
Page 14
... unallowable . 3. Capital expenditures are unallowable except as provided for in the research agreement . This includes costs of books , equipment and buildings , as well as repairs which materially increase the value or useful life of ...
... unallowable . 3. Capital expenditures are unallowable except as provided for in the research agreement . This includes costs of books , equipment and buildings , as well as repairs which materially increase the value or useful life of ...
Page 15
... unallowable . 8. Deans of faculty and graduate schools , or their equivalents , including their staffs and related expenses are allowable . 9. Employee morale , health , and welfare costs and credits , such as house pub- lications ...
... unallowable . 8. Deans of faculty and graduate schools , or their equivalents , including their staffs and related expenses are allowable . 9. Employee morale , health , and welfare costs and credits , such as house pub- lications ...
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Common terms and phrases
15 percent 20 percent 20-percent limitation activities administrative expenses amount applicable appropriate audit average indirect cost base basis Budget Circular A-21 CASEY CHAIRMAN CLARK colleges and universities committee computed CONGRESS THE LIBRARY CORMAN costs of federally costs of research Department of Defense determining direct salaries Director of Audits educational institutions EINHORN employee benefits equipment equitable extent Federal agencies Federally spon federally sponsored research fiscal year 1960 FULTON Government research agreements incurred indirect cost rate institution's instruction and research items of cost KARTH LEVINE LIBRARY OF CO LIBRARY OF CONGRES LIBRARY OF CONGRESS ment million NASA National Science Foundation negotiated operation and maintenance overhead rate Penn State University percentages of direct performed RARY OF CONGRESS reimbursed research and development research grants ROSENTHAL salaries and wages small colleges small schools SMULL space specific TEAGUE tion total direct costs unallowable
Popular passages
Page 15 - Indemnification includes securing the institution against liabilities to third persons and other losses not compensated by insurance or otherwise.
Page 18 - ... (c) Travel costs incurred in the normal course of overall administration of the business are allowable and shall be treated as indirect costs. (d) Travel costs directly attributable to specific contract performance are allowable and may be charged to...
Page 18 - Fringe benefits are allowances and services provided by the contractor to its employees as compensation in addition to regular wages and salaries. Costs of fringe benefits, such as pay for vacations, holidays, sick leave, military leave, employee insurance, and supplemental unemployment benefit plans are allowable to the extent required by law, employer-employee agreement, or an established policy of the contractor.
Page 16 - ... below, when reasonable in relation to the services rendered and when not contingent upon recovery of the costs from the government.
Page 11 - Operation and maintenance expenses should be allocated on a basis that gives primary emphasis to space utilization. The amount allocated may be developed as follows: (1) Where actual space and related cost records are or can readily be maintained without significant change in the accounting practices, the amount allocated to research agreements should be based on such data...
Page 18 - Taxes. a. In general, taxes which the institution is required to pay and which are paid or accrued in accordance with generally accepted accounting principles, and payments made to local governments in lieu of taxes which are commensurate with the local government services received are allowable, except for (1) taxes from which exemptions are available to the institution directly or which are available to the institution based on an exemption...
Page 17 - Costs of legal, accounting, and consulting services, and related costs, incurred in connection with organization and reorganization, and the prosecution of claims against the Government, are unallowable. Costs of legal, accounting and consulting services, and related costs, incurred in connection with patent infringement litigation, are unallowable unless otherwise provided for in the research agreement.
Page 14 - Civil defense costs are those incurred in planning for, and the protection of life and property against the possible effects of enemy attack. Reasonable costs of civil defense measures (including costs in excess of normal plant protection costs, first-aid training and supplies...
Page 46 - Research administration expenses are those which apply to research administered in whole or in part by a separate organization or an Identifiable administrative unit. Examples of work relating to research which is sometimes performed under such organizational arrangement are contract administration, security, purchasing, personnel administration, and editing and publishing of research data. (c) Operation and maintenance expenses are those incurred for operating and maintaining the institution's physical...
Page 18 - When such costs can readily be identified with the items involved, they may be direct costed as transportation costs or added to the cost of such items. Where identification with the materials received cannot readily be made, inbound transportation costs may be charged to the appropriate indirect cost accounts if the institution follows a consistent, equitable procedure in this respect. Outbound freight, if reimbursable under the terms of the research agreement, should be treated as a direct cost.