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Is the insurance on the assembly facility an indirect cost?

April 26, 2017assembly Business COST facility indirect Insurance small

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Is the insurance on the assembly facility an indirect cost?

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Commercial liability insurance purchased on an assembly facility is an indirect cost of doing business. According to Pioneer Consulting Group, “indirect costs are those costs that cannot be directly or exclusively assigned to one service,” and insurance on a facility falls within this category.References:The Grantsmanship Center: Understanding Indirect CostsPioneer Consulting Group: Indirect Cost AnalysisResources:University of Arizona: Direct vs.