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A cost may not be assigned to a federal award as a direct cost if any other cost incurred for the same purpose in like circumstances has been allocated to the federal award as an indirect cost. (e) Be determined in accordance with generally accepted accounting principles (GAAP), except, for state and local governments and Indian tribes only, as ...
As the post-WW2 space programs developed, general research costs came to be seen as ordinary costs of doing business, and in 1959 they were allowed as indirect costs. [36] [37] The 1970 defense appropriations act temporarily limited the funding for the first time, due to concerns about adequate contract administration and benefits for the ...
A grant requesting $100k in direct costs with an indirect cost rate of 50%, for example, means that the request will include an additional request for $50k for indirect costs for a total request of $150k, as opposed to a request for $100k of indirect costs for a total request of $200k.
The United States federal government agreement with nonprofit organizations and similar organizations for the rate at which it will reimburse indirect costs Topics referred to by the same term This disambiguation page lists articles associated with the title NICRA .
Federally funded research and development centers (FFRDCs) are public-private partnerships that conduct research and development for the United States Government.Under Federal Acquisition Regulation § 35.017, FFRDCs are operated by universities and corporations to fulfill certain long-term needs of the government that "...cannot be met as effectively by existing in-house or contractor resources."
The 340B Drug Pricing Program is a US federal government program created in 1992 that requires drug manufacturers to provide outpatient drugs to eligible health care organizations and covered entities at significantly reduced prices.
The Congressional Budget Office estimated the shutdown cost the American economy at least $11 billion USD, excluding indirect costs that were difficult to quantify. [4] The shutdown stemmed from an impasse over Trump's demand for $5.7 billion in federal funds for a U.S.–Mexico border wall.
Illinois Brick Co. v. Illinois, 431 U.S. 720 (1977), is a United States Supreme Court case that involved issues concerning statutory standing in antitrust law.. The decision established the rule that indirect purchasers of goods or services along a supply chain cannot seek damages for antitrust violations committed by the original manufacturer or service provider, but it permitted such claims ...