MTDC definition
MTDC means all direct salaries and wages, applicable fringe benefits, materials and supplies, services, travel, and sub awards and subcontracts up to the first $25,000 of each sub award or subcontract.
MTDC means all direct salaries and wages, applicable fringe benefits, materials and supplies, services, travel, and subawards and subcontracts up to the first $25,000 of each subaward or subcontract (regardless of the period of performance of the subawards and subcontracts under the award). MTDC excludes equipment, capital expenditures, charges for patient care, rental costs, tuition remission, scholarships and fellowships, participant support costs and the portion of each subaward and subcontract in excess of $25,000. Other items may only be excluded when necessary to avoid a serious inequity in the distribution of indirect costs, and with the approval of the cognizant agency for indirect costs.
MTDC means Metron Technology Distribution Corporation, a California corporation and wholly owned subsidiary of Metron.
Examples of MTDC in a sentence
MTDC is defined as all salaries and wages, fringe benefits, materials and supplies, services, travel, and contracts up to the first $25,000 of each contract.
Indirect costs shall not exceed 10% of the Subrecipient’s MTDC per funding category.
The maximum reimbursement amount allowable for indirect costs is ten percent (10%) of the Contractor’s Modified Total Direct Costs (MTDC), excluding in-kind contributions and nonexpendable equipment.
Any questions regarding the calculation of MTDC for a specific project should be directed to the Office of Local Programs.
If the payment recipient has never received or does not currently have a negotiated indirect cost rate, they are eligible for a de minimis indirect cost rate up to 10% of Modified Total Direct Costs (MTDC).
More Definitions of MTDC
MTDC means the Maharashtra Tourism Development Corporation.
MTDC means all direct salaries and wages, applicable fringe benefits, materials and supplies, services, travel and up to the first $25,000 of each subaward (regardless of the period of performance of the subawards under the award). MTDC excludes equipment, capital expenditures, charges for patient care, rental costs, tuition remission, scholarships and fellowships, participant costs and the portion of each subaward in excess of $25,000. Or,If claiming a rate above 10%, attach a copy of the financial page(s) from the most recent audited financial statements to support the amounts listed below.
MTDC means all direct salaries and wages, applicable fringe benefits, materials and supplies, services, travel, and up to the first $25,000 of each sub-award. MTDC excludes equipment, capital expenditures, charges for patient care, rental costs, tuition remission, scholarships, and fellowships, participant support cost and the portion of each sub-award in excess of $25,000. Other items may only be excluded when necessary to avoid a serious inequity in the distribution of indirect costs, and with the approval of the cognizant agency for the indirect cost". Indirect Cost (10% de minimis includes: Administrative Salaries and Benefits, Audit, Administrative Rent, and other administrative costs). 10% of $423,906 (MTDC) = $42,390 (MTDC=Total Salaries and Benefits $387,786 plus Operating Expenses $36,120). GRIP Case Management Services Annual Budget for 7/1 - 6/30 Total Budget NTE: $469,551 Position FTE Hourly Range Total Salaries Total Benefits Operating Expenses Indirect Cost (10% de minimis) Total Budget Program Director 0.85 $33-$44 64,913 18,404 5,245 88,562 Case Manager II 4.00 $19-$29 195,120 57,524 24,684 277,328 Community Event Coordinator 1.00 $16-$24 47,292 7,492 6,191 60,975 Subtotal - Program 5.85 307,325 83,420 36,120 426,865 Indirect Cost 42,686 42,686 Total Grant 5.85 307,325 83,420 36,120 42,686 469,551
MTDC means all direct salaries and wages, applicable fringe benefits, materials and supplies, services, travel, and up to the first $25,000 of each sub-award. MTDC excludes equipment, capital expenditures, charges for patient care, rental costs, tuition remission, scholarships, and fellowships, participant support cost and the portion of each sub-award in excess of $25,000. Other items may only be excluded when necessary to avoid a serious inequity in the distribution of indirect costs, and with the approval of the cognizant agency for the indirect cost". Indirect Cost (10% de minimis) for the Victim/Witness Assistance Program include: Administrative Salaries and Benefits, Audit, Administrative Rent, and other administrative costs). 10% of $2,308,676 (MTDC) = $230,868 (MTDC=Total Program Salaries and Benefits $2,004,082 plus Program Operating Expenses $337,958 minus Rent ($33,364). Annual Budget for 7/1 - 6/30 FY 2016-2017 Total Budget NTE: $507,549 Position FTE Base Hourly Range Total Salaries Total Benefits Operating Expenses Indirect Cost (10% de minimis) Total Budget Max. Inclusive Hourly Rate Director of VAP 0.10 $33-$50 8,801 2,079 375 11,255 56.60 Program Director 0.20 $29-$42 14,064 4,086 751 18,901 47.91 Supervisor 0.60 $22-$31 38,696 11,058 2,253 52,007 45.58 Restitution Specialist 4.00 $14-$20 144,660 42,444 15,019 202,123 29.06 Restitution Assistant 4.00 $13-$18 123,828 38,520 15,019 177,367 25.10 PLEASE NOTE:
MTDC means all direct salaries and wages, applicable fringe benefits, materials and supplies, services, travel, and up to the first $25,000 of each sub-award. MTDC excludes equipment, capital expenditures, charges for patient care, rental costs, tuition remission, scholarships, and fellowships, participant support cost and the portion of each sub-award in excess of $25,000. Other items may only be excluded when necessary to avoid a serious inequity in the distribution of indirect costs, and with the approval of the cognizant agency for the indirect cost". Indirect Cost (10% de minimis) for the Unserved/Underserved Victim Advocacy and Outreach Program includes: Administrative Salaries and Benefits, Audit, Administrative Rent, and other administrative costs). 10% of $158,972 (MTDC) = $15,897 (Total Program Salaries and Benefits $141,520 plus Program Operating Expenses $17,583 minus Program Rent ($131)). Amount of budget set by California Office of Emergency Services (CalOES) Position FTE Hourly Range Total Salaries Total Benefits Operating Expenses Indirect Cost (10% de minimis) Total Budget Program Director 0.05 $33-$44 5,578 1,605 564 7,747 Victim Advocate/Supervisor 0.06 $22-$33 6,654 2,497 677 9,828 Victim Advocate 1.96 $19-$26 156,682 42,280 22,117 221,079 Subtotal - Program 2.07 168,914 46,382 23,358 238,654 Indirect Cost (10% de minimis) 23,846 23,846 Total Grant 2.07 168,914 46,382 23,358 23,846 262,500
MTDC means all direct salaries and wages, applicable fringe benefits, materials and supplies, services, travel, and up to the first $25,000 of each subaward. MTDC excludes equipment, capital expenditures, charges for patient care, rental costs, tuition remission, scholarships, and fellowships, participant support cost and the portion of each subaward in excess of $25,000. Other items may only be excluded when necessary to avoid a serious inequity in the distribution of indirect costs, and with the approval of the cognizant agency for the indirect cost". Indirect Cost= 10% of Modified Total Direct Cost (MTDC) =10 % X $3,082,518=$308,252. MTDC= Total Program Salaries and Benefits= $2,449,538+ Program Operating Expenses = $684,079 less Program Rent ($51,099)=$3,082,518 Amount of budget set by California Office of Emergency Services (CalOES) Position FTE Base Hourly Range Total Salaries Total Benefits Operating Expenses Indirect Cost (10% de minimis) Total Budget Max. Inclusive Hourly Rate Director of VAP 0.55 $33-$50 50,279 11,626 5,482 67,387 62.17 Program Director 1.25 $29-$42 84,147 22,215 12,458 118,820 48.97 Supervisor /Victim Adv. 4.00 $22-$31 258,273 72,313 39,865 370,451 47.79 Victim Advocate 25.26 $17-$25 1,062,609 310,196 251,749 1,624,554 34.19 Volunteer Coordinator 0.25 $17-$25 12,471 3,165 2,492 18,128 38.13 Grants and Project Specialist 0.50 $18-$25 21,822 6,923 4,983 33,728 35.70 Administrative Service Coordinator 0.50 $18-$25 20,526 5,612 4,983 31,121 33.19 Office/ Project Specialist 0.60 $13-$18 18,698 6,255 5,980 30,933 28.05 Community Outreach Coordinator 1.00 $18-$25 28,971 7,981 9,966 46,918 25.83 Subtotal - Program 33.91 1,557,796 446,286 337,958 2,342,040 PLEASE NOTE:
MTDC means all direct salaries and wages, applicable fringe benefits, materials and supplies, services, travel, and up to the first $25,000 of each subaward (regardless of the period of performance of the subawards under the award). MTDC excludes equipment, capital expenditures, charges for patient care, rental costs, tuition remission, scholarships and fellowships, participant support costs and the portion of each subaward in excess of