The language authorizing/requiring this treatment will be found in your
indirect cost Rate Agreement, in the footnote defining the "M" of the MTDC
base.  If you have a S&W base, the question is moot.

If your award specifies a different base than MTDC (some training grants
awarded with an 8% rate do this), then look to the definition of the base.

Chuck

At 02:17 PM 6/16/99 -0500, you wrote:
>There was a discussion fairly recently concerning the limitation of F & A
>cost recovery to the first $25,000 of any subaward.  This is now relevant
>for us since we have received an award for which we will be issuing a
>subaward for the first time, and I have a couple of questions.  Since this
>limitation appears to be based on the long form MTDC basis, does it apply to
>short form schools?  Does it apply to awards in which the F & A recovery is
>limited to 8% TDC?  Our proposal included the collaborator's budget and the
>award document budget includes the subaward in calculating the 8% F & A. Any
>clarification is greatly appreciated.
>
>Thanks,
>
>Bob
>
>J Robert Howell,  CPA
>Accounting Services Manager
>University of Southern Indiana
>8600 University Boulevard
>Evansville,  IN  47712
>Phone:  (812) 464-1809
>Fax:    (812) 464-1958
>e-mail: xxxxxx@usi.edu
>
>
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Herbert B. Chermside, CRA
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Virginia Commonwealth University
PO BOX 980568
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