What is the Eureka Scientific Indirect Rate and what does it pay for?
Currently we are quoting a 28% indirect rate based on our historical costs. One of the original goals of Eureka was to keep this rate low such that more of the contract amount could be used for your research needs. That is why we do NOT provide certain services such as travel arrangements and secretarial and editorial services. The indirect costs cover general administrative costs that support all Eureka contracts. These include: accountant’s fees, copying, mail, fax and phone, rent, internet access, contract negotiation with funding agencies, invoicing services, and contract management. Also included is a fee (profit) for Eureka that is negotiated with the funding agency.
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