Indirect Cost Rate Files
Arranged By:
Chronological
Application Number:
89-23
Item Number:
170.05
Purpose:
This record series contains information used in the annual calculation of the University's Indirect Cost Rate. This indirect cost rate must be verified by the federal government and is then utilized by various university departments when submitting grant proposals. These files include the actual proposal, work papers, correspondence regarding the rate, and the official indirect cost rate verification received from the federal government.
Procedure:
Retain in office for ten (10) years, then dispose of provided all required audits (federal and state) have been completed, if necessary, and no litigation is pending or anticipated.
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