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Cost×AllocationOverviewThis×guidance×is designed×to provide×assistance×to campus×users×when×direct×charging×costs×to multiple×benefiting×sponsored×awards×and×to comply×with×the×direct×charging×principles

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How to fill out containedin2 cfr part 220

01

Step 1: Start by obtaining a copy of CFR Part 220, also known as containedin2 CFR Part 220.

02

Step 2: Carefully review the instructions and regulations outlined in CFR Part 220.

03

Step 3: Understand the purpose and applicability of CFR Part 220 to ensure it is relevant to your situation.

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Step 4: Gather all the necessary information and documentation required to fill out the form.

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Step 5: Begin filling out the form by entering the requested information accurately and thoroughly.

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Step 6: Double-check all the entered information to ensure accuracy and completeness.

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Step 7: Follow any specific formatting or submission instructions provided in CFR Part 220.

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Any individual, organization, or entity that falls under the scope and requirements specified in CFR Part 220 may need to utilize it.

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This could include businesses, government agencies, financial institutions, or any other entity involved in the applicable activities or subject matter covered by CFR Part 220.

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It is essential to review the specific provisions of CFR Part 220 to determine if it is applicable to your particular situation or obligations.

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What is contained in 2 cfr part 220?

2 CFR Part 220, also known as OMB Circular A-21, is the federal government's guidance for the indirect cost rates that universities can charge on federally sponsored projects.

Who is required to file 2 cfr part 220?

Universities that receive federal funding and conduct sponsored projects are required to comply with 2 CFR Part 220.

How to fill out 2 cfr part 220?

To fill out 2 CFR Part 220, universities need to accurately calculate their indirect cost rates based on the guidance provided in the circular.

What is the purpose of 2 cfr part 220?

The purpose of 2 CFR Part 220 is to establish principles for determining costs applicable to grants, contracts, and other agreements with the federal government.

What information must be reported on 2 cfr part 220?

Information related to indirect cost rates, direct costs, and cost allocation must be reported on 2 CFR Part 220.

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