Overhead Recovery Rates, 1996 through 1999

The University has reached agreement with the department of Health and Human Services for indirect cost rates applicable to sponosred research programs through Fiscal Year 1999. The negotiated, predetermined indirect cost rates, by year, are as follows:
FY 1996 63.5%*
FY 1997 59.0%
FY 1998 59.0%
FY 1999 59.5%
Coupled with this negotiation is a change in the capitalization policy for equipment, which raises the threshold from $500 to $5,000 per item and the inclusion of the first $25,000 of each subcontract in the research base. These changes are effective July 1, 1996.

--Alfred F. Beers, Comptroller
--Robert J. McCann, Assistant Comptroller

* This rate is consistent with the provisional rate charged during the year pending a final rate agreement.


Volume 42 Number 32
May 14, 1996

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