The concepts of allowability, allocability, and reasonableness of costs address directly the legitimacy of a cost charged against a specific sponsored research award. Determination of allowability, ...

This policy statement has been updated to reflect the U.S. Office of Management and Budget’s Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (2 CFR, ...

Air Force Materiel Command captured more than $2.5 billion in cost savings for fiscal 2017, the second fiscal year in a row the command has achieved its strategic savings objective. “Financial ...

Federal regulations require that similar costs be treated consistently as either direct costs or indirect costs, in like circumstances. This regulation imposes a requirement on the University to ...

The mathematical model is easy to understand, effective in application, relatively simple to solve, and outperforms the existing equitable location approaches. This model can also be easily extended ...

This procedural statement governs the consistent treatment of the allocation of direct costs and indirect (F&A) costs charged to federal and non-federal grants, contracts, and other sponsored programs ...