Re: indirect cost base on modular grants Charlie Hathaway 05 May 2006 17:23 EST
Your indirects are based on your direct cost request, i.e. the rounded up figure minus exclusions > Charlie, your question reminded me of something * when you do a modular budget, you round up to the nearest 25K, but do you calculate indirects on > the actual projected expenditures or the rounded up modular amount minus things to exclude from MTDC? > >>>> xxxxxx@AECOM.YU.EDU 5/5/2006 2:30:56 PM >>> > Thank you Liz and Elsa, and thank you "modular budgets". With R03/R21, I > sense things will be ok. > > I plan to be a tetrapod by February, but for now will spend some more time > in the pond, awaiting further intelligent design. > > CH > > At 01:55 PM 5/5/2006, you wrote: >>NIH has a new page that is quite nice--clean, clear, concise. Under "avoiding common errors" is the text >> " Total Cost Does Not Equal Direct and Indirect Costs >> Check your math on this one >> Ensure that the direct costs and the indirect costs (G + H) on >>Section F-K must EQUAL the Total Direct and Indirect Costs (G + H) on the Cumulative Budget page. Only whole numbers should be used on the budget page, no decimals. Round calculations DOWN to the nearest dollar. IDC rates cannot exceed 99 on any line. " >>I don't know if this is a resolution to the problem, but it appears to be instructions on avoiding the issue. >> cheers, Elsa >>Elsa G. Nadler, EdD >>Grants Manager >>Department of Community Medicine >>1 Medical Center Drive >>PO Box 9190 >>West Virginia University >>Morgantown, WV 26506-9190 >>Tel: 304/293-3546 >>Fax: 304/293-6685 >>>>> xxxxxx@AECOM.YU.EDU 05/05/06 1:04 PM >>> >>Did the indirect cost calculation problem in PureEdge that messed up some AREA grant submissions get resolved? >>Are whole numbers for $ base or 2 decimal figure rates required? Thanks >>Charlie >>====================================================================== >> 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") >>====================================================================== ====================================================================== >> 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") >>====================================================================== > > > ====================================================================== 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") ====================================================================== > > > > > ====================================================================== > 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") > ====================================================================== > ====================================================================== 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") ======================================================================