VCU has adopted the policy that we will charge the awarded rate throughout the project period. Our F&A rate is "predetermined", so there will not be adjustments. Chuck At 01:02 PM 2/20/2003 -0500, you wrote: >However on the same page it also states that "F&A costs awarded may be >subject to upward or downward adjustment, depending on the type of rate >negotiated, and grantees amy rebudget between direct and F&A costs (in >either direction) without NIH prior approval, provided there is no change >in the scope of the approved project." > >How are other institutions handling F&A or fringe benefit rates >adjustments on current and pending awards? > >gina > > >>> xxxxxx@UMKC.EDU 02/20/03 10:55AM >>> >Page 83 of the NIH Grants Policy Statement provides the explanation -- >the F&A for entire project period is calculated on the basis of the F&A >rate in place at the beginning of the competitive period. > >At a previous institution, the rate went from 40 to 43 and then back to >41. While the awards were not adjusted, the organization adjusted its >F&A recovery. So, for the first change, PIs had to re-budget from >direct to indirect without changing the total costs. Then when it went >down, the got a little back as direct costs. > >John > >John R. Baumann, Ph.D. >Director >Office of Sponsored Programs & Research Support >University of Missouri -- Kansas City >5100 Rockhill Road (US Postal Service) >5211 Rockhill Road (Express Delivery) >Kansas City, MO 64110 > >816.235.1303 (v) >816.235.6532 (f) >xxxxxx@umkc.edu > > >-----Original Message----- >From: Ruth Tallman [<mailto:xxxxxx@LEHIGH.EDU]>mailto:xxxxxx@LEHIGH.EDU] >Sent: Thursday, February 20, 2003 9:45 AM >To: xxxxxx@HRINET.ORG >Subject: [RESADM-L] Falling F&A Rate > > >Good Morning, O Wise Resadm-l'ers, > >Twice in one day I found myself talking about new awards and using the >F&A rate that was in effect at the time of the award throughout the >project period (usually three years). > >Would someone please direct me to the standard or circular in which this >is spelled out? Drawing a blank. > >One of the reasons this came up is because our rate is about to go down >by 4 percentage points effective July 1, 2003. Would you please let me >know how you would deal with this at your institution? Here are the >issues we've discussed: > >For new awards (not continuations) that come in over the next four >months, should we re-negotiate the F&A rate before receiving the award? > >Would your institution stand firm at the old rate for three years of a >new award? > >What if... a proposal was submitted at the higher rate but is awarded >after 7/1/03 - would your institution set-up the new award at the old, >proposed rate or use the new rate and rebudget the funds into other >budget categories? > >If you rebudget awards proposed at the old, higher rate using the new >lower rate, do you claim the difference as cost-sharing? > >I think it would be required to cost-share the difference but then, >right now, I don't know where to begin to look for the topic of keeping >the F&A rate constant for the life of the award! (It's the stress of >digging out of 24 inches of snow during an orange alert.) > >As always, your feedback would be most appreciated. > >Ruth Tallman >Office of Research and Sponsored Programs >Lehigh University >526 Brodhead Avenue >Bethlehem, PA 18015 >Phone: (610)758-3024 >FAX: (610)758-5994 >E-mail: xxxxxx@lehigh.edu > > >====================================================================== >Instructions on how to use the RESADM-L Mailing List, including >subscription information and a web-searchable archive, are available >via our web site at <http://www.hrinet.org/>http://www.hrinet.org (click >on "Listserv Lists") >====================================================================== > > >====================================================================== >Instructions on how to use the RESADM-L Mailing List, including >subscription information and a web-searchable archive, are available >via our web site at <http://www.hrinet.org/>http://www.hrinet.org (click >on "Listserv Lists") >====================================================================== > >====================================================================== >Instructions on how to use the RESADM-L Mailing List, including >subscription information and a web-searchable archive, are available via >our web site at http://www.hrinet.org (click on "Listserv Lists") >====================================================================== Herbert B. Chermside, CRA Director, Sponsored Programs Administration Virginia Commonwealth University PO BOX 980568 Richmond, VA 23298-0568 Express Delivery Only: Biotech One, Suite 113 Virginia Biotechnology Research Park 800 East Leigh Street Richmond, VA 23219 Voice: 804-828-6772 Fax 804-828-2521 OFFICE e-mail xxxxxx@VCU.EDU Personal e-mail xxxxxx@vcu.edu http://www.research.vcu.edu/ospa.htm ====================================================================== Instructions on how to use the RESADM-L Mailing List, including subscription information and a web-searchable archive, are available via our web site at http://www.hrinet.org (click on "Listserv Lists") ======================================================================
