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Cost Allocation Plan (CAP) Checklist (State/Local) Please explain any box not checked on a separate page 1. Contact person information (preferably the person who prepared the proposal): Page #___Entity
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How to fill out cost allocation plan cap

01
Gather all necessary financial data and documentation.
02
Identify all overhead costs associated with the project or program.
03
Allocate overhead costs to specific cost objectives based on a reasonable and consistent methodology.
04
Calculate the indirect cost rate by dividing the total indirect costs by the base (e.g. direct labor hours).
05
Apply the indirect cost rate to the appropriate cost objectives to determine the amount of allocated indirect costs.
06
Prepare the finalized cost allocation plan and submit it to the appropriate authorities for approval.

Who needs cost allocation plan cap?

01
Government contractors and grantees who receive federal funding are required to have a cost allocation plan cap.
02
Organizations that need to accurately allocate and recover indirect costs incurred in the performance of contracts or grants can benefit from a cost allocation plan cap.

What is Cost Allocation Plan (CAP) Checklist (Non-profit) Form?

The Cost Allocation Plan (CAP) Checklist (Non-profit) is a writable document you can get filled-out and signed for specific needs. Next, it is provided to the relevant addressee to provide certain info of certain kinds. The completion and signing is possible in hard copy or via a trusted service e. g. PDFfiller. Such services help to fill out any PDF or Word file online. It also lets you customize its appearance depending on the needs you have and put a legal electronic signature. Once you're good, you send the Cost Allocation Plan (CAP) Checklist (Non-profit) to the respective recipient or several ones by email and even fax. PDFfiller has a feature and options that make your Word template printable. It provides various settings for printing out. It does no matter how you will file a form - physically or by email - it will always look well-designed and organized. To not to create a new file from scratch every time, turn the original file into a template. After that, you will have an editable sample.

Instructions for the form Cost Allocation Plan (CAP) Checklist (Non-profit)

Before filling out Cost Allocation Plan (CAP) Checklist (Non-profit) form, ensure that you prepared enough of required information. It's a important part, as far as errors can trigger unpleasant consequences beginning from re-submission of the full template and completing with deadlines missed and you might be charged a penalty fee. You should be especially careful when working with digits. At first sight, you might think of it as to be uncomplicated. But nevertheless, it is simple to make a mistake. Some use such lifehack as storing all data in another file or a record book and then add it into document's template. However, come up with all efforts and present valid and genuine info in your Cost Allocation Plan (CAP) Checklist (Non-profit) .doc form, and doublecheck it when filling out all the fields. If you find a mistake, you can easily make amends when using PDFfiller editing tool without blowing deadlines.

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Cost allocation plan cap is the maximum amount that can be allocated to indirect costs.
Federal contractors who receive awards must file a cost allocation plan cap.
Cost allocation plan cap can be filled out by identifying and allocating indirect costs following the guidelines provided by the government.
The purpose of cost allocation plan cap is to ensure that indirect costs are allocated fairly and accurately.
Cost allocation plan cap must report the breakdown of indirect costs and the methodology used for allocation.
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