Who are the Chief Executive Officers?
A. The Chief Executive Officer exercises overall responsibility for the operation and management of the organization. The Chief Executive Officer’s immediate office includes any Deputies or similar office, along with the immediate support staff. It is important to emphasize that the Chief Executive Officer of the grantee is not the Governor or member of an elected or appointed Board. Expenses for these positions are already unallowable as general government expenses. Q. What are Component Costs? A. Generally, components are organizational units for both indirect and direct functions existing one level below the Chief Executive Officer unit. Depending on the organization, there may be circumstances where component costs would properly be accounted for in the indirect cost pool. The grantee’s organizational structure is considered in determining adjustments for components. Q. What does the term organization-wide mean in the restricted indirect cost rate determination? A. The term organiz
