Just when you thought indirect cost recovery on your federal grants and subawards couldn’t get more frustrating, several recent actions are further complicating the situation. Federal agencies are trying to force recipients to restrict recovery to the “de minimis” indirect cost rate or to limit application of negotiated rates to smaller direct cost bases.
A recent “transparency update” memo from the Department of Interior’s Business Center, which negotiates indirect rates on behalf of a dozen federal agencies, explains the considerable rate negotiation backlog and what to expect in the months ahead.
The indirect cost recovery atmosphere will likely remain unsettled for some time. This webinar will identify the diverse policy developments and actions affecting the situation and will analyze how their ripple effects could impact your organization. We’ll cover:
- The Uniform Guidance indirect cost policies
- Awarding agency rate acceptance
- Pass-through entity rate acceptance
- Exceptions and how they really work
- Status of prominent lawsuits affecting indirect cost recovery
- Congressional legislative and oversight activity
- Federal cognizant agency expectations
- The IBC backlog and response
- Critical guidance on rate proposal packaging and submission
- Using available federal “cook books”
- Finding reliable technical assistance
Hand-out Materials:
Attendees will receive presentation slides as well as access to background materials.
Allowable Charges
The costs of webinars sponsored by Federal Fund Management Advisor™ are allowable charges to your federal grants and subgrants. The cost principles issued by OMB under its uniform guidance (and applicable to all types of awardees) state, “The cost of training and education for employee development is allowable” (2 CFR 200.472).
Attend this Live Webinar and Earn up to 1.8 CPE Credits