Get the free Indirect Cost Rate Exception Request Form - ucop

This memo provides revised guidance concerning requests for indirect cost rate exceptions as well as a revised exception request form, updated to ensure accurate data collection and reflect organizational

How to fill out indirect cost rate exception

How to fill out Indirect Cost Rate Exception Request Form

1. Obtain the Indirect Cost Rate Exception Request Form from the appropriate agency website or office.
2. Fill in your organization's name and contact information at the top of the form.
3. Provide a detailed explanation of why you require an exception for the indirect cost rate.
4. Attach any necessary supporting documentation that justifies your request.
5. Review the form for accuracy and completeness before submitting.
6. Submit the form through the designated method (email, online submission, or mail) as instructed.

Who needs Indirect Cost Rate Exception Request Form?

1. Organizations that receive federal funding and seek a deviation from the standard indirect cost rate.
2. Non-profits, educational institutions, and other entities involved in federally funded projects.
3. Any organization that has a specific need for lower indirect costs to effectively manage their grant or contract.

People Also Ask about

What is an example of an indirect expense?

Utility bills, rental costs, salaries, depreciation, office supplies, and legal charges are a few examples of indirect expenses. Companies must bear these charges to keep running smoothly regardless of the products they manufacture or sell.

What is the indirect cost exemption?

An indirect cost exception is the official authorization to accept indirect cost recovery other than what would be recovered under the appropriate federally-negotiated rate agreement or UC Rate for a given award.

What is an example of an indirect cost?

Indirect costs include costs which are frequently referred to as overhead expenses (for example, rent and utilities) and general and administrative expenses (for example, officers' salaries, accounting department costs and personnel department costs).

For pdfFiller’s FAQs

What is Indirect Cost Rate Exception Request Form?

The Indirect Cost Rate Exception Request Form is a document that organizations use to request an exception to the standard indirect cost rate that is typically applied to federal grants and contracts.

Who is required to file Indirect Cost Rate Exception Request Form?

Organizations that wish to request a deviation from the established indirect cost rate, particularly those receiving funding from federal agencies, are required to file the Indirect Cost Rate Exception Request Form.

How to fill out Indirect Cost Rate Exception Request Form?

To fill out the Indirect Cost Rate Exception Request Form, applicants must provide detailed information about their organization's finances, existing indirect cost rates, and justification for the requested exception, ensuring all required sections are completed accurately.

What is the purpose of Indirect Cost Rate Exception Request Form?

The purpose of the Indirect Cost Rate Exception Request Form is to allow organizations to seek approval for an alternative indirect cost rate that better reflects their specific operational costs and financial situations.

What information must be reported on Indirect Cost Rate Exception Request Form?

The form must report information such as the organization's current indirect cost rate, the specific request for exception, rationale for the request, and any relevant financial documentation or historical data supporting the need for the exception.