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How and when will indirect cost rate agreements be revised to reflect the equipment threshold change?

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How and when will indirect cost rate agreements be revised to reflect the equipment threshold change?

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For campuses that do not have predetermined rates established for periods beyond FY 1997-98, the next negotiated rate agreement will reflect the new equipment definition. For campuses that already have predetermined rates established for periods beyond FY 1997-98, our goal is to use the established rates in conjunction with the new equipment threshold, and to revise the in-place rate agreements only for the purpose of applying the new equipment definition effective July 1, 1999. The change will be discussed with the Division of Cost Allocation, U.S. Health and Human Services. The strategy for this discussion will be developed by UCOP Costing Policy & Analysis in consultation with campuses.

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