Fringe Benefits Worksheet; Statement of Total Costs supporting the indirect and direct costs incurred by expense category, identified by federal agency, specific government grant, contract, and other non-government activities; and Statement of Indirect including indirect cost pool(s), allocation base(s), and indirect cost rate(s) proposed. Audited financial statements for the rate proposal. Approved budget for provisional proposal, if needed. Certification that the Indirect Cost Rate Proposal was prepared in a manner consistent with the applicable cost principles set forth in 2 CFR Part 200, Subpart E & Appendix IV for non-profits, or the Federal Acquisition Regulation ((Part 31) for commercial organizations. The certifications should be signed by the President/Executive Director, or Comptroller/CFO. A listing of grants and contracts by federal agency subagency, program office funding source, award amount, period of performance, and the indirect cost (overhead) limitations (if any) applicable to each, such as, ceiling rates or amounts restricted by administrative or statutory regulations, applicable to the period(s) of the proposal(s). Subrecipients negotiating indirect cost rates with the DWD must note that the Statement of Total Costs, referenced at 2 (d) above, must reconcile to their Financial Statements. If not, reconciliation statement must be provided. In accordance with the Uniform Guidance, any Subrecipient that has received a negotiated indirect cost rate, except States and local governments, and Indian Tribe, may elect to charge a de minimis rate of ten percent (10%) of Modified Total Direct Costs (“MTDC”), which may be used indefinitely. MTDC means all direct: Salaries and wages; Applicable fringe benefits; Materials and supplies; Services Travel; and
Fringe Benefits Worksheet; Statement of Total Costs supporting the indirect and direct costs incurred by expense category, identified by federal agency, specific government grant, contract, and other non-government activities; and Statement of Indirect including indirect cost pool(s), allocation base(s), and indirect cost rate(s) proposed. Audited financial statements for the rate proposal. Approved budget for provisional proposal, if needed. Certification that the Indirect Cost Rate Proposal was prepared in a manner consistent with the applicable cost principles set forth in 2 CFR Part 200, Subpart E & Appendix IV for non-profits, or the Federal Acquisition Regulation ((Part 31) for commercial organizations. The certifications should be signed by the President/Executive Director, or Comptroller/CFO. A listing of grants and contracts by federal agency subagency, program office funding source, award amount, period of performance, and the indirect cost (overhead) limitations (if any) applicable to each, such as, ceiling rates or amounts restricted by administrative or statutory regulations, applicable to the period(s) of the proposal(s). Subrecipients negotiating indirect cost rates with the DWD must note that the Statement of Total Costs, referenced at 2 (d) above, must reconcile to their Financial Statements. If not, reconciliation statement must be provided. In accordance with the Uniform Guidance, any Subrecipient that has received a negotiated indirect cost rate, except States and local governments, and Indian Tribe, may elect to charge a de minimis rate of ten percent (10%) of Modified Total Direct Costs (“MTDC”), which may be used indefinitely. MTDC means all direct: Salaries and wages; Applicable fringe benefits; Materials and supplies; Services Travel; and
dwd_financial_manual-july_2016.docx