The rate in the ICRA must be accepted, unless otherwise specified by federal awarding agency Can request the percentage (as outlined in the ICRA) of the Modified Total Direct Costs (MTDC) of their budget for indirect costs Minimis” Rate “De This can be used by organizations that have had a federally-approved Indirect Cost Rate Agreement Can use a rate of up to 10% of the Modified Total Direct Costs (MTDC) of their budget for indirect costs Use the Worksheet” to calculate your MTDC amount. The Worksheet will also calculate the amount of “MTDC indirect costs that you can request. If Indirect are requested, you must submit two additional documents with your grant application: MTDC Worksheet (Excel document) AND Certification of De Minimis Indirect Cost Rate form OR A copy of your agency’s Indirect Cost Rate Agreement letter/documentation You are not required to describe or itemize what is included in the indirect costs. Additional Indirect Costs Reporting Requirements For organizations that request and receive Indirect Costs, the MTDC Worksheet must be completed each quarter, based on actual expenses. The actual MTDC amount will determine the amount of Indirect Costs to be reimbursed for that quarter. In other words, the amount of Indirect Costs reimbursed should/will vary from quarter to quarter. The amount of Indirect Costs requested for reimbursement each quarter cannot simply be the total for the year divided by four; the amount must be based on actual MTDC amounts. The MTDC Worksheet should be uploaded to GMIS each quarter.
The rate in the ICRA must be accepted, unless otherwise specified by federal awarding agency Can request the percentage (as outlined in the ICRA) of the Modified Total Direct Costs (MTDC) of their budget for indirect costs “De Minimis” Rate This can be used by organizations that have had a federally-approved Indirect Cost Rate Agreement Can use a rate of up to 10% of the Modified Total Direct Costs (MTDC) of their budget for indirect costs Use the “MTDC Worksheet” to calculate your MTDC amount. The Worksheet will also calculate the amount of indirect costs that you can request. If Indirect are requested, you must submit two additional documents with your grant application: MTDC Worksheet (Excel document) AND Certification of De Minimis Indirect Cost Rate form OR A copy of your agency’s Indirect Cost Rate Agreement letter/documentation You are not required to describe or itemize what is included in the indirect costs. Additional Indirect Costs Reporting Requirements For organizations that request and receive Indirect Costs, the MTDC Worksheet must be completed each quarter, based on actual expenses. The actual MTDC amount will determine the amount of Indirect Costs to be reimbursed for that quarter. In other words, the amount of Indirect Costs reimbursed should/will vary from quarter to quarter. The amount of Indirect Costs requested for reimbursement each quarter cannot simply be the total for the year divided by four; the amount must be based on actual MTDC amounts. The MTDC Worksheet should be uploaded to GMIS each quarter.
2018indirectcostsinstructions.docx