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How do I calculate the Facilities and Administrative Costs (indirect costs/overhead) in a proposal budget?

April 26, 2017administrative budget CALCULATE costs facilities indirect overhead proposal

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How do I calculate the Facilities and Administrative Costs (indirect costs/overhead) in a proposal budget?

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Overhead is calculated on the modified total direct cost base, which includes all direct costs that are eligible for overhead. Examples of direct costs that would be excluded from the modified total direct cost base are subcontracts to other institutions and equipment valued over $5000.