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F. Indirect Costs. 1. General. Indirect costs are those: (a) incurred for a common or joint purpose benefiting more than one cost objective, and (b) not readily assignable to the cost objectives specifically benefitted, without effort disproportionate to the results achieved.
- OMB Circular No. A-87, General Principles for Determining Allowable Costs
A standard indirect cost allowance equal to ten percent of...
- EOP-OMB: Circular No. A-87, Attachment E
Indirect costs are normally charged to Federal awards by the...
- OMB Circular No. A-87, General Principles for Determining Allowable Costs
A standard indirect cost allowance equal to ten percent of the direct salary and wage cost of providing the service (excluding overtime, shift premiums, and fringe benefits) may be used in lieu of determining the actual indirect costs of the service.
This guide contains, by reference, Office of Management and Budget (OMB) Circular A-87, Cost Principles for State, Local and Indian Tribal Governments, and guidance for its interpretation and implementation.
Allocation of Costs: OMB Circular A-87 defines acceptable methods of allocating costs for central service administration and indirect costs. Typical central administrative costs may include central accounting services, information technology services, human resources functions, general program management and oversight.
This guide contains, by reference, Office of Management and Budget (OMB) Circular A-87, Cost Principles for State, Local and Indian Tribal Governments, and guidance for its interpretation and implementation.
This Circular establishes principles and standards to provide a uniform approach for determining costs and to promote effective program delivery, efficiency, and better relationships between governmental units and the Federal Government. The principles are for determining allowable costs only.
Indirect costs are normally charged to Federal awards by the use of an indirect cost rate. A separate indirect cost rate(s) is usually necessary for each department or agency of the governmental unit claiming indirect costs under Federal awards.
