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Does the original F&A rate remain in effect throughout the life of a project or does it change yearly for incrementally funded projects?

April 26, 2017incrementally life original project rate remain

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Does the original F&A rate remain in effect throughout the life of a project or does it change yearly for incrementally funded projects?

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The rate used is the audited rate in effect at the beginning of the project. It does not change throughout the life of the project even if the audited rate does change.