Colleagues ... Our indirect cost rate comes up for renegotiation this fall. We have in the past used the simplified method (50% of salaries and wages, excluding fringe benefits), and are considering going to a modified total direct cost rate. Our total annual awards amount to approximately $4 million. It occurred to us that this could impact those areas in which we usually cost share, i.e., materials and supplies, services, travel, etc. Any thoughts on the pros and cons of this? Also, What is your institution's policy concerning "rolling over" indirects from year to year for the life of the grant? Currently, faculty are restricted by our Budget office to using the indirects within the fiscal year that they are allocated. I welcome all comments, but am particularly interested in responses from Univ. System of Georgia schools. Thanks . . . . .Jackie
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