Actual vs. Theoretical Indirect Cost Recovery
Mike McCallister 31 Jan 1994 16:40 EST
Phil,
Do you guys report the unrecovered indirect cost to the
legislature? Although unhip to what goes on here in
Missouri, at A&M we had to report indirect recovered to the
Leg so they could REDUCE our budget by that amount. We would
also report the unrecovered amount and scream "unfair, unfair"
like it made some kind of difference.
Bean counters know all, except the ralities of the system they
try to evaluate.
Spanky
> In our Financial Services area, some bean counter has determined that
> we are recovering only 69% of what the university should recover. They
> determine this by calculating our actual MTDC base and multiplying the
> base times the rate. Then they divide the actual indirect cost recovered for
> a given fiscal year by what we were "supposed to be paid". The implication
> being that our office isn't getting ALL the indirects we should. They
> choose to ignore the fact that many sponsors (state agencies, foundations,
> non-profits and even some federal programs refuse to pay part or all of
> the indirect costs.
>
> My question: Does anybody have any data on what an average percentage
> rate of indirect cost recovery is?
>
> I suspect that the bean counters won't be happy until the rate is 101% but
> any information or possible strategies would help.
>
> Thanks,
>
> Phil Spina
> Wright State University
> Dayton, Ohio
>
> 513873-2425
> xxxxxx@desire.wright.edu