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FACILITIES & ADMINISTRATIVE (F&A) COSTS REDUCTION OR WAIVER REQUEST From A cost reduction or waiver is defined as the acceptance of a rate lower than the approved F&A rate. You need to use this form
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F&A, also known as facilities and administrative costs, is expenses for common or joint objectives that cannot be identified readily and specifically with a particular sponsored project, instructional activity, or any other institutional activity.
Universities, research institutions, and other organizations that receive federal grants or funding are typically required to file F&A rates.
To fill out the F&A rate proposal, organizations need to gather data on their indirect costs, separate them from direct costs, calculate the rate, and submit the proposal to the appropriate agency or sponsor.
The purpose of the F&A rate is to reimburse organizations for the costs of maintaining facilities, such as utilities, maintenance, and depreciation, that support sponsored projects.
Information such as direct costs, indirect costs, total costs, and cost allocation methods must be reported on the F&A rate proposal.
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