I have just read an article published in the May 4, 1995 issue of Nature
entitled "US Universities Propose Long-term Solution to Dispute on
Overheads."   The article refers to a proposal called "the Phoenix Plan" that
was formulated by finance VPs from six universities.  According to the
article, the plan proposes a national formula to determine overhead rates for
each institution on the basis of federally compiled indices of local wage and
construction costs.

I am interested in hearing if others have heard of this plan and their
reaction to it.  Does anyone know how I could get more information on the
plan or a copy of the proposal?

Jill Mortali
Office of Sponsored Programs
University of Massachusetts Medical Center