We have recently been asked why we don't account for the indirect costs
recovered on federal grants as federal funds. We have made a couple
arguments but are looking for a citation that would support our
arguments. In Montana we have a state law that tells us to deposit the
funds in a  designated/unrestricted fund. But we were also hoping to
find a federal citation that indicates that the indirect costs recovered
from federal grants are not federal funds - i.e., these funds lose their
federal identity once we recover them.  Does anyone know of a federal
citation that states this?  I couldn't find anything in A-21.

Thanks for your help.

Claire

Claire L. Carlson
Associate Vice President for Research
The University of Montana
Research and Sponsored Programs
University Hall 202
MIssoula, Montana  59812-4104
Phone (406) 243-5796
Fax (406) 243-5739
NOTE NEW E-MAIL ADDRESS:  xxxxxx@umontana.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 (click on "Listserv Lists")
======================================================================