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Maryland Department of HealthStandard UNIVERSITY AGREEMENTSection I: Parties, Terms and Costa. Parties This University Agreement, dated, and entitle this hereby entered into by and between, a Unit
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Facilities and Administrative (F&A) costs, also known as indirect costs, are those expenses incurred for a common or shared purpose that cannot be easily identified with a specific project or activity.
Universities, research institutions, and other organizations that receive federal funding for research projects are typically required to file facilities and administrative (F&A) rates.
Filling out the facilities and administrative (F&A) rate proposal involves gathering detailed financial and operational data, estimating the costs that are eligible for reimbursement, and submitting the proposal to the appropriate funding agency for approval.
The purpose of the facilities and administrative (F&A) rate proposal is to establish the overhead costs that will be reimbursed by the funding agency for sponsored research projects.
The facilities and administrative (F&A) rate proposal should include detailed information on the organization's indirect costs, such as utilities, maintenance, administrative salaries, and depreciation.
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