What is the source of that state funding?

In Virginia, state agencies generally refuse to grant F&A recoveries
unless the money they receive for that program originates with the
federal government.  If that is the case, you are under the federal
ruling that prohibits you to charge more than your negotiated rate.

Janet
********
Janet M. Hahn, C.R.A.
Executive Director
Office of Sponsored Programs & Grants Management
Radford University
Radford, VA  24142-6926

tel:  540-831-5479
fax:  540-831-6636
xxxxxx@radford.edu                             www.radford.edu

-----Original Message-----
From: Kim Chanley [mailto:xxxxxx@BOISESTATE.EDU]
Sent: Wednesday, January 28, 2004 10:40 AM
To: xxxxxx@HRINET.ORG
Subject: [RESADM-L] F&A question

Hello colleagues,
I've asked around but haven't gotten any clear guidance on this
question:

Our institution's current federally-negotiated F&A rate is 46% of
Salaries and Wages. However, the State Board of Education's policy is to
allow 25% of Total Direct Costs on all state grants.  In some
circumstances, therefore, there is a potential for us to collect F&A in
excess of our federally-negotiated rate (i.e., on state grants that are
primarily Other Direct Costs with little salary).  Is this allowable?

Thanks in advance for your advice!

Kim Chanley

Kimberly Chanley
Operations Manager
Sponsored Projects Accounting
Boise State University
208.426.1791

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 subscription information and a web-searchable archive, are available
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