University of Vermont

Space and Movable Equipment Inventory  - Instructions, process and definitions

Space Survey Overview What are Facilities and Administrative costs? 
F&A costs are those that are incurred for common or joint objectives and therefore cannot be identified readily and specifically with a particular sponsored project, an instructional activity, or any other institutional activity. 

UVM's application of the OMB Circular A-21 definitions of Facilities and Administration costs are the following broad categories of costs:

Cost Type Cost Groups
Facilities Costs
Building Depreciation Expense
Movable Equipment Depreciation Expense

Operation and Maintenance expenses

Library expenses
Administration Costs General administration
Departmental administration
Sponsored Project Administration
Student administration and services
    (capped at 26.0%)

Base = Modified total direct costs consists of all salaries and wages, fringe benefits, materials, supplies, services, travel, subgrants and subcontracts up to the first $25,000 of each subgrant or subcontract (regardless of the period covered by the subgrant or subcontract).

Modified total direct costs shall exclude equipment, capital expenditures, charges for patient care, tuition remission, rental costs of off-site facilities, scholarships, and fellowships as well as the portion of each subgrant and subcontract in excess of $25,000.

Last modified April 01 2013 11:53 AM

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