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 MDOT Financial Prequalification Questionnaire for Compiled Indirect Cost Rate 2021-2025

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Video instructions and help with filling out and completing MDOT Financial Prequalification Questionnaire For Compiled Indirect Cost Rate Form

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Instructions and help about MDOT Financial Prequalification Questionnaire For Compiled Indirect Cost Rate

I want to welcome you to the webcast sub agreements subject to excluded costs or what we call the $25,000 rule the purpose of this video is to provide an overview of when the cost in excess of $25,000 for a sub agreement is considered a distorting expense to your organization you will use this rule when completing Schedule A of the indirect cost rate proposal and when calculating indirect costs reimbursement from a grant detailed information about the indirect cost rate proposal can be found at education Ohio gov and by searching indirect cost rate proposal please download a copy of the instructions in the workbook now for reference the indirect cost rate calculation should exclude certain costs specified by 2 CFR 200 point six eight which are costs that are distorting and produce an inequity in the distribution of indirect cost to the benefiting activities excludable costs include but are not limited to pass through funds and sub award or subcontract expenditures in excess of $25,000

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