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Re: A-21 &F&A rates for the life of the spon ag Tom Meischeid 11 Nov 1998 13:02 EST

The practice at Lehigh is in accordance with "D".

Martha Taylor wrote:

> 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.