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IL IACAA Indirect Cost Proposal (ICP) Checklist 2015-2025 free printable template

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INDIRECT COST PROPOSAL ICP CHECKLIST Check Off Boxes Below The ICP is supported by audited financial statements and the 2 CFR 200 Subpart F Single Audit Report. The ICP including this checklist and other required certs. should be e-mailed as an attachment titled Proposal*pdf and the financial statements Single Audit should be attached as Financial Statements. pdf. A reconciliation of item 1 above to the ICP has been made and is included in this proposal* Any previous understandings with Cost...
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How to fill out indirect cost proposal checklist

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How to fill out IL IACAA Indirect Cost Proposal (ICP) Checklist

01
Gather required financial documents, including previous financial statements and current budget.
02
Review the IL IACAA Indirect Cost Proposal instructions for specific requirements.
03
Complete the checklist form, ensuring each item is addressed.
04
Fill out the indirect cost rate calculation, including all eligible costs.
05
Compile supporting documentation for each cost included in the proposal.
06
Double-check all calculations for accuracy.
07
Obtain necessary approvals from relevant organizational authorities.
08
Submit the checklist and proposal by the specified deadline.

Who needs IL IACAA Indirect Cost Proposal (ICP) Checklist?

01
Organizations or agencies applying for federal or state funding.
02
Nonprofits seeking reimbursement for indirect costs.
03
Entities that require a negotiated indirect cost rate for grant proposals.
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The IL IACAA Indirect Cost Proposal (ICP) Checklist is a document used by organizations to prepare and submit their indirect cost proposals, ensuring compliance with state and federal regulations.
Organizations that receive funding through the Illinois Association of Community Action Agencies (IACAA) and wish to claim indirect costs are required to file the IL IACAA ICP Checklist.
To fill out the IL IACAA Indirect Cost Proposal (ICP) Checklist, organizations should gather necessary documentation of indirect costs, complete each section of the checklist accurately, and follow the specific guidelines provided by the IACAA.
The purpose of the IL IACAA Indirect Cost Proposal (ICP) Checklist is to provide a structured format for organizations to present their indirect costs, ensuring transparency and adherence to applicable regulations when seeking reimbursement.
The IL IACAA Indirect Cost Proposal (ICP) Checklist must report information such as the organization's indirect cost rate, the basis for that rate, descriptions of cost categories, and any supporting documentation for the claimed indirect costs.
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