Why is a PIs time directly allocated rather than directly incurred?
Directly allocated costs are based on estimates rather than actual costs. As Investigator time will usually be an estimate, it will come under DA. Investigators will not be required by the RCs to complete timesheets. Where equipment has been funded by a RC grant, how should usage be charged out on subsequent grants? A relevant share of the costs of existing equipment can be charged to a project via a charge out rate. Where RCs have already funded the capital cost, double counting should be avoided due to a set of specific adjustments that have to be made to the estates rates when they are calculated, as set out in the TRAC manual. What is the mechanism for ensuring that academic staff time is not overcharged? Research Councils will not fund more than 100% of an investigators salary (i.e. 1,650 hours pa). They accept the need for flexibility in relation to PIs because of the difficulty in estimating both time and the likelihood of success of applications. They will seek assurance at org
Related Questions
- If the usage of a facility can be accurately attributed to specific projects, could it be a directly incurred cost rather than a directly allocated cost?
- Why is investigator time normally directly allocated rather than directly incurred?
- Why is a PIs time directly allocated rather than directly incurred?
