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FACILITIES AND
ADMINISTRATIVE (F&A) COSTS RATES
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to FY03-FY04 Rates (Calendar dates July 1, 2002 - June 30, 2004 ) |
Indirect
Costs Rate Agreement ( Approval Date - 6/29/2005 ) |
For the period of July 1, 2005 through June 30, 2008, significant changes in both the rates and their bases were negotiated. The changes / table are following:
Guidelines
for Implementing New F&A Rates
USC & USC Research Foundation
With the negotiation and acceptance of a new F&A agreement with the US Department of Health and Human Services dated 6/29/05, several of the rates have changed for both the USC-Columbia and School of Medicine campuses. In order to understand the effects of those new rates for both new and existing awards, the following guidelines are provided:
- In accord
with OMB Circular A-21, the F&A rate for an existing project
will be the rate in effect at the time of the initial award
and will remain the same throughout the life of the project.
"Life" in this case means each competitive segment of a project.
The "competitive segment" is the period of years approved by
the federal funding agency at the time of the award.
EXAMPLE: A NIH grant award was
issued for a USC-Columbia Principal Investigator for a period
of 3 years beginning on 10/1/04 with a F&A rate of 45.5% MTDC.
The awards for Year 02 and Year 03 will also be charged F&A
at a rate of 45.5% MTDC, rather than the new rate of 44.5% MTDC
for Year 02 and 44% MTDC for Year 03.
- All new
proposals for competitive funding will use the new F&A rates
contained in the new agreement dated 6/29/05.
EXAMPLE: Dr. X from the School of Medicine
submits a competing continuation proposal to NIH for funding
to begin on 1/1/06. His proposal should reflect a F&A rate of
42% MTDC which is the new rate for a project located at the
SOM campus.
EXAMPLE:
Dr. Y from the College of Arts and Sciences on the Columbia
Campus submits a competing continuation proposal to NIH for
funding to begin on 1/1/06. Her proposal should reflect a F&A
rate of 44.5% MTDC for Year 01, and a F&A rate of 44% MTDC for
all other years.
Rates effective for awards beginning after July 1, 2005
On-Campus Rate FY06, & FY07-08
| Columbia | School of Medicine |
Senior
and Regional |
||||
| FY06 7/1/05 - 6/30/06 |
FY07-08 7/1/06 - 6/30/08 |
FY06 7/1/05 - 6/30/06 |
FY07-08 7/1/07 - 6/30/08 |
FY06 7/1/05 - 6/30/06 |
FY07-08 7/1/07 - 6/30/08 |
|
| Research | 44.5% | 44.0% | 42.0% | 42.0% | 45.5% | 45.5% |
| Training and Service | 30.0% | 30.0% | 30.0% | 30.0% | 30.0% | 30.0% |
| Instruction | 45.5% | 45.5% | 45.5% | 45.5% | 45.5% | 45.5% |
| Columbia | School of Medicine |
Senior
and Regional |
||||
| FY06 7/1/05 - 6/30/06 |
FY07-08 7/1/06 - 6/30/08 |
FY06 7/1/05 - 6/30/06 |
FY07-08 7/1/07 - 6/30/08 |
FY06 7/1/05 - 6/30/06 |
FY07-08 7/1/07 - 6/30/084 |
|
| Research | 25.0% | 25.0% | 24.5% | 24.5% | 25.0% | 25.0% |
| Training and Service | 24.0% | 24.0% | 24.0% | 24.0% | 24.0% | 24.0% |
| Instruction | 26.0% | 26.0% | 26.0% | 26.0% | 26.0% | 26.0% |
For more information on implementing these rates or assistance in applying them to sponsored agreements, please contact the Office of Sponsored Programs and Research (SAM) at 7-7093.