The National Institutes of Health (NIH) has issued a grants policy statement regarding a change in indirect cost rates due to a recent executive order. The NIH is implementing a standardized 15% ...

All businesses have regular expenses that are not directly related to producing goods or services. These indirect expenses are termed "overhead" costs. Most businesses calculate overhead costs on a ...

Cost allocation is an important tool for any business to understand expenses. It can help managers understand the sustainability of their services and identify costs before they get out of control.

To this end, the pilot undertook a process of “third-party indirect-cost verification,” during which external financial experts worked one on one with 22 grantees to calculate each organization’s ...

Senior Vice Chancellor for Research and Innovation and Dean of Institutes, Massimo Ruzzene, and Senior Vice Chancellor for Business, Finance and Infrastructure, Todd Haggerty, announced that CU ...

CU Boulder’s Federally-Negotiated Indirect Cost or Facilities and Administrative (F&A) Rate Agreement includes four types of activities: organized research, instruction, other sponsored activities, ...

What are Indirect (IDC or F&A) Costs? Federal Regulations define IDC as "Indirect costs are those that have been incurred for common or joint objectives and cannot be readily identified with a ...

Compared to private industry contractors and federal laboratories, universities receive less from the federal government to cover costs indirectly related to research, according to a study ...

On March 5, 2025, a US district court in Massachusetts issued a preliminary injunction blocking the National Institutes of Health (NIH) from implementing a February 7, 2025, “Supplemental Guidance” ...