How are jobs created/retained calculated when the charge to the sponsored project is a percentage of an individual’s total activities?
Jobs created/retained are calculated as a Full Time Equivalent (FTE). From the OMB June 22, 2009 Memorandum: The calculation must comply with OMB Circular A-21 which outlines the allocable and allowable portion of activities which may be directly charged to the sponsored project. Compensation charged to the sponsored project must conform to the institution’s established policies and reasonably reflect the activity for which the employee is compensated. For example – a faculty member charging 25% effort to a FRS account associated with an ARRA award will be counted as 0.25 FTE.
Related Questions
- If someone voluntarily works on a sponsored project and the individual was not included in the proposal, is it necessary to certify the effort?
- Is the Internal Rate of Return calculated on an individual energy conservation measure basis, or on a total project basis?
- Why can’t I charge other Administrative Costs (office supplies, dues, postage, etc.) to my federally sponsored project?
