INDIRECT COST RATES
We specialize in negotiating indirect cost rates for all nonprofits and higher education. We will work with your organization throughout the process. An excellent proposal can help you get a rate that will allow you to recover facilities and administration costs at a higher rate instead of taking the 10% de minimis. Our negotiated rates have been in the 35% to 50% range.
Who can we help?
Nonprofits
Institutions of Higher Education
Hospitals
Cost allocation plans
We can successfully provide a written cost allocation plan that summarizes the methods and procedures your organization uses to allocate costs to grants and other programs.
Who must complete one?
Every local government entity which receives $100 million or more in funding is required to submit an annual plan to its cognizant agency.
If you are an organization that receives less than $100 million, you are still required to prepare the cost allocation plan but no submission is needed.
“An indirect cost rate is simply a device for determining fairly and conveniently within the boundaries of sound administrative principles, what proportion of indirect cost each program should bear. ... An indirect cost rate is the ratio between the total indirect expenses and some direct cost base.”
