Sample format for how Facilities and Administrative (F&A) cost calculations are computed
1. Total Direct Costs | $ | ||
Minus Exclusions: | 2. GRA Exclusion | ||
| (Portion of salary equivalent to applicable tuition, health insurance, and mandatory fee) | $ | ||
3. Capital Equipment | |||
| 3.a. $5,000 value per unit cost and useful life of two years or more, and cost greater than or equal to the capitalization threshold | $ | ||
| 3.b. Collectibles (artwork, antiques) | $ | ||
| 3.c. Fabricated Equipment (materials, supplies, and some shop costs -- but not direct labor -- of fabricated items which when completed will meet the capital equipment criteria.) | $ | ||
| 3.d. $100,000 value Computer Software | $ | ||
4. Participant Support Costs for Conferences and Seminars | $ | ||
5. Subcontract Costs | $ | ||
Minus items to which F&A costs are not applicable: | 6. Construction/Renovation Costs | $ | |
| 7. "University" Library or Museum Acquisitions | $ | ||
| 8. Salary Supplement for Endowed Sabbatical | $ | ||
9. Exclusions Subtotal: | (Add Items 2. through 8.) | $ | |
10. Modified Total Direct Costs (MTDC) | (Subtract Item 9. from Item 1.) | $ | |
| 11. F&A Cost Rate | % | ||
12. F&A Costs Subtotal: | (Multiply Item 10. by Item 11.) | $ | |
| 13.a. Subcontract cost up to first $25,000 | $ | ||
| 13.b. F&A Cost Rate | % | ||
14. Subcontract F&A Cost Subtotal: | (Multiply 13.a. by Item 13.b.) | $ | |
15. Total F&A Cost | (Add Item 12. and Item 14.) | $ |