Whats the calculation like?
The calculation follows stringent government guidelines, which are not always easy to interpret, and may not be consistently discussed with in the Circulars pertinent to higher education: • Office of Management and Budgets (OMB) Circular A-21 • OMB Circular A-110 • OMB Circular A-133 The components address depreciation of both buildings and equipment, the cost of operations and management, library use, departmental administration, and it favors the government. For example, the departmental administration component is subject to a 26% cap. That hasn’t been adjusted in about 20 years.
