What is the difference between the Function Code and the Functional Use Percent?
Function Codes are data items that are used to group space by function as defined by the Post Secondary Education Facilities Inventory and Classification Manual. Functional Use Percentage is an Office of Management & Budget (OMB) Circular A-21 data item (government cost principals for educational institutions) which are used for determining the space when calculating the F&A rate (facilities & administration). See our Definitions document.
Function Codes are data items that are used to group space by function as defined by the Post Secondary Education Facilities Inventory and Classification Manual. Functional Use Percentage is an Office of Management & Budget (OMB) Circular A-21 data item (government cost principals for educational institutions) which are used for determining the space when calculating the F&A rate (facilities & administration). See our Functional Percent web page.
Related Questions
- What’s involved in LOADING THE FUNCTION CODES for each token – do we have to know every function code in order to grant full access?
- How would this situation impact the Labor Code section 4658(d) +/-15 percent requirement?
- What is the difference between the Function Code and the Functional Use Percent?
