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US DOE 8% GRANTS LARRY WAXLER 18 Jul 1995 09:12 EST

Our Federally negotiated indirect cost agreement requires that we
exclude from the indirect cost base: equipment items in excess of $500,
the portion of subcontracts in excess of $25,000, alterations and
renovations, student tuition remission, scholarships, fellowships, and
rental and maintenance of off-site activities.

However, it is my understanding the the DOE allows the 8% indirect cost
recovery rate to be charged on all direct costs with no exclusions.

Am I right or wrong?