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What is B-Ws negotiated indirect (Facilities and Administrative Cost) rate?

April 26, 2017administrative b-w COST facilities indirect negotiated rate

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What is B-Ws negotiated indirect (Facilities and Administrative Cost) rate?

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A. Ask about the details, but the College has negotiated rates of 53% (for on campus work) and 19.7% (for off-campus work) with the base being direct salaries and wages including vacation, holiday, sick pay and other paid absences but excluding all other fringe benefits. This rate is effective until 30 Jun 03.