How do I determine which Federal agency to turn to for my organization when discussing indirect cost rates?
The cognizant agency for negotiating indirect cost rates shall be the Federal agency that provides the majority of the Federal funding (per OMB guidance). DOI/ICS is the Federal cognizant agency designated by OMB to negotiate indirect cost rates for: o All Indian Tribal Governments and their component units o Insular area governments (such as Guam) o Nonprofit, state, and local entities that receive a majority of their Federal funding from the Department of the Interior o Organizations that receive a majority of their Federal funding from the Environmental Protection Agency, The Department of Agriculture Rural Housing Service, and the Institute of Museum and Library Sciences (under interagency agreements) Component units are legally separate organizations for which the elected officials of the primary government are financially accountable.
Related Questions
- How can applicants that do not have a current federally approved indirect cost rate with a cognizant federal agency obtain an approved indirect cost rate?
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