If an applicant does not have a negotiated rate with the government, can a “rule-of thumb 10%” rate be used to calculate indirect costs?
Although this rate can be used in terms of estimation, indirect costs cannot be awarded until an applicant has an approved negotiated rate. If you claim indirect costs in the budget for your proposed project and do not have a negotiated rate with the federal government, you have 90 days from the time you transmit your application to submit the necessary paperwork to ED to receive a negotiated indirect cost rate. For more information about indirect cost rates, please visit www.ed.gov/about/offices/list/ocfo/intro.html.
Related Questions
- If the applicant does not have an Indirect Cost Agreement with the Federal government, can an applicant include overhead and other indirect costs in their proposed budget?
- If an applicant does not have an Indirect Cost Rate Agreement with the government, then what costs cannot be included in their proposed budget?
- If an applicant does not have an Indirect Cost Agreement with the government, then what costs cannot be included in their proposed budget?
