You may be able to renegotiate the rate, but you will have to request it
from HHS.  One thing is for sure, if you don't ask, you won't get it.

Be sure that you'll actually do better with a long form first (more than
likely, you will).

Smith,Lois M wrote:

>Craig,
>
>We're a long form institution so it may be different.  A couple of years ago we asked for year's extension.  HHS suggested it would be probably better to go with a two year extension on our rate.  When we decided we'd like to go ahead and submit after one year, we were turned down and had to wait until the rate period was over.
>
>Good Luck, Lois
>
>Lois Smith
>Assoc. Controller, Sponsored Programs
>The University of Akron
>330-972-6563
>xxxxxx@uakron.edu
>
>
>-----Original Message-----
>From: Reynolds, Craig A. [mailto:xxxxxx@CMICH.EDU]
>Sent: Monday, February 03, 2003 12:49 PM
>To: xxxxxx@HRINET.ORG
>Subject: [RESADM-L] Renegotiating F&A Rates
>
>
>Hi Folks,
>
>As a short-form institution, Central Michigan University currently has an approved predetermined F&A rate of 42% of salaries, wages and benefits through 06/30/05.  Does anyone out there know if we can negotiate a new long-form MTDC rate with DHHS prior to the expiration of our current F&A agreement?
>
>Thanks,
>
>Craig
>
>---
>Craig Reynolds / Office of Research & Sponsored Programs
>Central Michigan University / Foust 251 /
>Mt. Pleasant, MI 48859 / T: 989.774.3859 / F: 989.774.3439
>
>
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