Date Extension of the Current Federal Indirect Cost Rates for 帝王会所 - Effective July 1, 2019
帝王会所 completes an Indirect Cost (IDC) Proposal, resulting in a Facilities and Administrative (F&A) Rate Agreement, every four years with the Federal government, to determine the IDC rates. The IDC rates represent the expenses of doing business that are not readily identifiable with a specific grant, contract, project or organizational activity, but are necessary for the general operations of the university.
The current IDC rates expire on June 30, 2019. As a result, the University recently engaged in the process of requesting an extension on the current Facilities and Administrative (F&A) Rate Agreement for Indirect Costs through June 30, 2023. The Department of Health and Human Services (DHHS) approved the extension of the IDC rates on January 16, 2019. The new rates, as outlined below, are effective beginning on July 1, 2019 through June 30, 2023. In early FY2023, the University must complete a new IDC proposal and submit it to the DHHS no later than December 31, 2022 using FY2022 data.
Effective rates beginning July 1, 2019 through June 30, 2023 are as follows:
51% Organized Research
49% Instruction
39% Other Sponsored Activities
26% Off Campus
For questions related to the IDC rates, please contact Cindy Perry at perryc@ohio.edu or 740-593-1871.