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A-21 &F&A rates for the life of the spon ag Martha Taylor 11 Nov 1998 12:28 EST

Dear RESADM-L-ers:

We have a small difference of opinion here today about A-21 and the
requirements in section G.7. about fixed F&A rates for the life of a
sponsored agreement.  I would like to survey the group and ask for a
response to the following multiple choice question.  How do you handle the
requirements in G.7. when your rate changes?  (choose one)

A.      We leave the rate exactly the way it was at the time the award was
signed and became effective.

B.      We change the rate down whenever a new lower rate becomes effective
regardless of what the regulations say or the budget will support.

C.      If we know in advance of award acceptance that our rate will change on a
date certain, we negotiate the changes when we negotiate the award and then
change the rate when the rate becomes effective.

D.      We leave the rate exactly as it was proposed and awarded for all years
until we have to resubmit a competing continuation/renewal proposal.

E.      Other (please provide brief explanation)

It seems clear to me but I felt a need to ask the experts.  Thanks.