Faculty: Paul Calabrese, Principal, Outsourced Accounting & Advisory Services, GRF CPAs

Indirect costs are an important aspect of obtaining full cost recovery on grants and cooperative agreements. An indirect rate is a mechanism for recovering allocable indirect costs. Have you struggled to understand how indirect rates work? We will show you Uniform Grants Regulation theory and the mechanical aspects of how indirect rates are constructed.

This session will cover the most widely used indirect cost rate proposal templates to obtain a Negotiated Indirect Cost Rate Agreement (NICRA) for the U.S. Department of Health and Human Services (HHS) and the U.S. Department of the Interior. We will also cover 4 allocation methodologies.

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