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ACDI / Extension Budget for SBA Grant TOTAL BUDGET $1,015,039 + $$760,4001,775,439 AU Cost Recovery Based on AU Indirect Cost Rate of 26% Personnel for Project 2 years ACDI Salaries and Wages Project
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Facilities and Administrative (F&A) costs, also known as indirect costs, are expenses incurred for common or joint objectives and cannot be identified readily and specifically with a particular project or activity. These may include expenses related to university administration, facility maintenance, and utility costs.
Organizations that receive federal funding for research and development projects and seek reimbursement for indirect costs are required to file the Facilities and Administrative (F&A) costs proposal.
To fill out the Facilities and Administrative (F&A) costs proposal, ensure that you gather necessary financial data, including allowable costs, organizational structure, and the proposed indirect cost rates. Follow the guidelines provided by the federal agency or institution you are submitting the proposal to.
The purpose of the Facilities and Administrative (F&A) costs proposal is to determine and negotiate indirect cost rates that organizations can apply to federal grants and contracts, allowing them to recover a portion of overhead costs associated with research activities.
The information that must be reported includes direct costs, indirect costs, total costs, fiscal year financial statements, and any other required documentation to support the calculation of the proposed indirect cost rates.
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