Establishing Indirect Cost Rates for Research Grants and Contracts with the Department of Health, Education, and Welfare: A Guide for Non-profit Institutions, Volume 3, Issue 73United States. Department of Health, Education, and Welfare. Division of Grant Administration Policy U.S. Government Printing Office, 1967 - 61 pages |
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Common terms and phrases
accepted accounting principles activities adjustment administrative costs allocable Alternate Simplified Method amount Applicable to Research approved awarding agency basis Cafeteria charged directly civil defense computed contract or grant contractor cost objectives Cost Principles COST RATE PROPOSAL costs are allowable costs incurred deferred compensation Department of Health depreciation DESCRIPTION OF EXHIBIT Determining Costs Applicable DISTRIBUTION BASE METHOD educational equipment established EXHIBIT B-1 expenses extent facilities Federal final rate fringe benefits fund raising Government Grants and Contracts grants or contracts indirect cost pool indirect cost rate institution's Internal Revenue Code Internal Revenue Service items of cost June 30 Multiple Distribution Base necessary negotiation non-profit institutions normal organization paid patent or copyright payment performance period Principles for Determining programs RATE PROPOSAL FORMAT Rates for Research reasonable research and development research grants result salaries and wages SAMPLE INDIRECT COST Section specifically taxes terminated tion Total Costs total direct costs
Popular passages
Page 32 - Interest, fund raising, and investment management costs. a. Costs incurred for interest on borrowed capital or temporary use of endowment funds, however represented, are unallowable. b. Costs of organized fund raising, including financial campaigns, endowment drives, solicitation of gifts and bequests, and similar expenses incurred solely to raise capital or obtain contributions, are not allocable to government research agreements.
Page 30 - Subpart 1-15.2, is that type of research which is directed toward increase of knowledge in science. In such research, the primary aim of the investigator is a fuller knowledge or understanding of the subject under study, rather than any practical application thereof.
Page 30 - ... advance the state of the art." Applied research, does not include any such efforts when their principal aim is the design, development, or test of specific articles or services to be offered for sale, which are within the definition of the term development as defined in (c) below.
Page 34 - ... standby plant protection, operation of utilities, or accounting; (C) in the performance of tests, industrial processes, laboratory procedures, loading or unloading of transportation media, and operations in flight or afloat, which are continuous In nature and cannot reasonably be interrupted or otherwise completed; or (D) which will result in lower overall cost to the Government.
Page 26 - ... any other consistent method productive of an annual allowance which, when added to all allowances for the period commencing with the taxpayer's use of the property and including the taxable year, does not, during the first two-thirds of the useful life of the property, exceed the total of such allowances which would have been used had such allowances been computed under the method described in paragraph (2).
Page 43 - Subcontractor claims, including the allocable portion of claims which are common to the contract and to other work of the contractor, are generally allowable.
Page 15 - ... the relative benefits received or other equitable relationship. Subject to the foregoing, a cost is allocable...
Page 19 - Bidding costs are the costs of preparing bids or proposals on potential Government and non-Government contracts or projects, including the development of engineering data and cost data necessary to support the contractor's bids or proposals. Bidding costs of the current accounting period of both successful and unsuccessful bids and proposals normally will be treated as allowable indirect costs, In which event no bidding...
Page 18 - These criteria apply to all of the selected items of cost which follow, notwithstanding that particular guidance is provided in connection with certain specific items for emphasis or clarity. (b) Costs incurred as reimbursements to a subcontractor under a cost-reimbursement type subcontract of any tier above the first fixed-price subcontract...
Page 22 - As used herein, deferred compensation includes all remuneration, in whatever form, for which the employee is not paid until after the lapse of a stated period of years or the occurrence of other events as provided in the plans, except that it does not include normal end of accounting period accruals.