Get the free Indirect Cost Proposal Checklist for State & Local Organizations

Note: Please submit separate electronic files as part of proposal corresponding with checklist items. Ensure that no personal identifiable information (PIN; Ex. social security numbers) is submitted

How to fill out indirect cost proposal checklist

How to fill out indirect cost proposal checklist

1. To fill out an indirect cost proposal checklist, follow these steps:
2. Start by gathering all the necessary financial documents related to your organization's indirect costs.
3. Make sure you have a clear understanding of the different categories of indirect costs and the guidelines for allocating them.
4. Review the checklist and understand the purpose of each section.
5. Fill in the requested information for each section, providing accurate and up-to-date data.
6. Double-check the completed checklist for any errors or missing information.
7. Submit the filled-out checklist along with any supporting documents required by the relevant authority.
8. Keep a copy of the checklist and the accompanying documents for your records.
9. Review and update the checklist periodically to reflect any changes in your organization's indirect costs.

Who needs indirect cost proposal checklist?

1. Organizations that engage in contracts or grants where indirect costs are applicable typically require an indirect cost proposal checklist.
2. This includes non-profit organizations, government agencies, educational institutions, and other entities that receive funding for their projects or services.

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What is indirect cost proposal checklist?

The indirect cost proposal checklist is a tool used to ensure that all necessary information and documentation is included when preparing an indirect cost proposal.

Who is required to file indirect cost proposal checklist?

Organizations that receive federal funding and are subject to the requirements of the Office of Management and Budget (OMB) Circular A-122 must file an indirect cost proposal checklist.

How to fill out indirect cost proposal checklist?

The indirect cost proposal checklist is typically filled out by a designated individual within the organization who has knowledge of the organization's financial operations and indirect costs.

What is the purpose of indirect cost proposal checklist?

The purpose of the indirect cost proposal checklist is to ensure that organizations accurately calculate and report their indirect costs in compliance with federal guidelines.

What information must be reported on indirect cost proposal checklist?

The indirect cost proposal checklist typically requires information such as the organization's indirect cost rate, the bases used for allocation of indirect costs, and supporting documentation for the calculations.