Facilities and administrative costs definition
Facilities and administrative costs means those costs that are incurred for common or joint objectives and therefore cannot be identified readily and specifically with a particular research project or any other institutional activity;
Examples of Facilities and administrative costs in a sentence
Facilities and administrative costs consist of employee fringe benefits and that part of Contractor’s allowable indirect costs attributable to the Contract.
Facilities and administrative costs will be assessed at the applicable rate(s) in effect for the Period of Performance.
Facilities and administrative costs (F&A, indirect costs) are calculated on modified total direct costs (MTDC) using F&A rates approved by the US Department of Health and Human Services.