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What is the difference between “Overhead Charged” by award and the overhead referred to in the Indirect Cost Proposal?

April 26, 2017award COST difference indirect overhead proposal referred

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What is the difference between “Overhead Charged” by award and the overhead referred to in the Indirect Cost Proposal?

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“Overhead Charged” in the Award Overhead file represents the actual F&A/ indirect dollars charged to the award during the start and end period dates you specify. These data are used to estimate the quarterly overhead jobs associated with awards. This estimate is calculated by multiplying the overhead dollars charged to a given award by the overhead salary + fringe to total ratio and then dividing that by the average quarterly salary for an employee in your county for NAICS # 61 (educational services) using the Census Bureau’s economic data.