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DSP Memorandum 1701 To:UAH Research CommunityFROM:Gloria Greene, Director, Sponsored ProgramsSubject:Indirect (F&A) Cost Rate Exception Request/ApprovalDate:October 13, 2016OSP Memorandum 1701 supersedes

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How to fill out indirect cost rate exception

01

To fill out indirect cost rate exception, follow these steps:

02

Determine the reason for requesting an exception to the indirect cost rate. Ensure that you meet the criteria for requesting an exception.

03

Gather all the necessary documentation and information to support your request. This may include financial statements, budgetary information, and any other relevant data.

04

Contact the appropriate authority or organization responsible for reviewing and granting the exception. This could be your funding agency, grant provider, or any other relevant entity.

05

Submit your request for an indirect cost rate exception. Ensure that you provide all the required documents and information.

06

Wait for the review and decision on your request. This may take some time, so be patient.

07

If your request is approved, make sure to adhere to any conditions or requirements set forth in the exception. This may include periodic reporting or monitoring.

08

If your request is denied, you may consider appealing the decision or seeking alternative funding sources.

Who needs indirect cost rate exception?

01

Indirect cost rate exception is typically needed by organizations or individuals who are unable to meet the standard indirect cost rate requirements.

02

This could be due to a variety of reasons, such as financial constraints, unique project circumstances, or the nature of the funding source.

03

Individuals or organizations that require flexibility in determining and allocating indirect costs may also need an indirect cost rate exception.

04

It is important to carefully assess your situation and consult with the appropriate authorities to determine if you are eligible for an indirect cost rate exception.

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What is indirect cost rate exception?

Indirect cost rate exception is a formal request for approval to use a different indirect cost rate than the standard allowed rate.

Who is required to file indirect cost rate exception?

Organizations that do not meet the criteria for the standard indirect cost rate and need to request an exception.

How to fill out indirect cost rate exception?

To fill out indirect cost rate exception, organizations must provide detailed justification for the need of a different indirect cost rate, along with supporting documentation.

What is the purpose of indirect cost rate exception?

The purpose of indirect cost rate exception is to allow organizations to use a custom indirect cost rate that better reflects their actual overhead costs.

What information must be reported on indirect cost rate exception?

Organizations must report their current indirect cost rate, the proposed new rate, reasons for the change, and any supporting documentation.

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