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    Indirect Cost Rates

    Illinois Institute of Technology has a new indirect cost rate agreement with the federal government dated December 19, 2011.

    The following indirect cost rates apply to grants and contracts for research, training and other public service projects for the period June 1, 2012 through May 31, 2015.

    On-Campus research

    52%

    Off-Campus

    24%

    On-Campus non-research

    34%

    Moffett Center (Non-FDA)

    24%

    Moffett Center (FDA)

    9.5%

    The above percentages are applied to Modified Total Direct Costs (MTDC), which consists of all direct costs except equipment, tuition, tuition remission, participant support, space rental and subcontract costs over $25,000.

    For grants from corporate sponsors the indirect cost rates will continue to be:

    On-Campus research

    60%

    Off-Campus research

    30%

    IPRO projects

    8%

    NOTE: Projects conducted at the Institute of Design, Fermi and Argonne National Laboratories, or Rice Campus will use off-campus indirect cost rates.

    OMB Circular A-21 Section G.7 states:

    Federal agencies shall use the negotiated rates for F&A (aka indirect costs) costs in effect at the time of the initial award throughout the life of the sponsored agreement. "Life" for the purpose of this subsection means each competitive segment of a project. A competitive segment is a period of years approved by the Federal funding agency at the time of the award. If negotiated rate agreements do not extend through the life of the sponsored agreement at the time of the initial award, then the negotiated rate for the last year of the sponsored agreement shall be extended through the end of the life of the sponsored agreement. Award levels for sponsored agreements may not be adjusted in future years as a result of changes in negotiated rates.

    This means that the F&A rate used is determined by the award date rather than the project period of the award.


    Indirect Cost Agreements


    IIT Indirect Cost Agreement 06.01.2012 to 05.31.2015 – Updated Fringe Benefits Rate approved 1.16.2014
    IIT Indirect Cost Agreement 06.01.2012 to 05.31.2015
    IIT Indirect Cost Agreement 06.01.2009 to 05.31.2012
    IIT Indirect Cost Agreement 06.01.2007 to 05.31.2009
    IIT Indirect Cost Agreement 06.01.2003 to 05.31.2007
    IIT Indirect Cost Agreement 06.01.2000 to 05.31.2003
    IIT Indirect Cost Agreement 06.01.1996 to 05.31.2000
    IIT Indirect Cost Agreement 06.01.1991 to 05.31.1996

    Last modified: 04/28/2014 17:16:02

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