I would appreciate some help on calculating the base and indirect cost for modular grants.  When completing the checklist page for modular grants, should the base be actual costs we've calculated or the cost rounded up to the nearest 25K.  For example, if the cost for the project is 48,000, should the base cost be 48,000 or 50,000?  And should the indirect cost be calcuated on the actual cost (48K) or 50K?

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