Is the indirect costs arrived at by the application of the indirect cost rate percentage reimbursed to state government?
Yes. Indirect costs developed in accordance with the procedures in OMB Circular A-87 will be recognized as part of the total cost of the federal projects, except where restricted or prohibited by law. The SWCAP amount included in the state department’s budget will be recovered and remitted to the General Fund.
Related Questions
- Can an application with a budget that contains less than its Federally-negotiated indirect cost rate claim the rest of that percentage rate as part of its required non-Federal match?
- If an organization does not have a federally approved indirect cost rate; can the organization request indirect costs in the budget submission? If so, what is the limit?
- If an applicant does not have an Indirect Cost Rate Agreement with the government, then what costs cannot be included in their proposed budget?
