INDIRECT COSTS STRATEGIES AND THE NEW SUPER CIRCULAR

Tuition:      $550.00 in advance, $575.00 if invoiced
Date:          October 19-20, 2017
Location:   Albuquerque, NM

Class Status: Cancelled due to too low pre-registration level

Federal grants and contracts require a current indirect rate. Preparing an indirect cost proposal involves many issues and difficult decisions. The federal government has transferred the responsibility for indirect cost proposal review to the National Business Center. This change is due to the requirement for independence of the indirect cost proposal auditor. This, coupled with several court orders (concerning “equitable relief” and “bench-marking methodology”), has significantly changed the indirect cost process for Tribes. Tribes are now required to utilize a new bench-marking methodology with new deadlines to obtain bench-marking rates. This seminar will address the new requirements and provide Tribes with the information needed to comply with these requirements. This training is for all finance and accounting staff responsible for indirect cost proposal submission.

Key topics include:

How to prepare and submit an ICP
Bench-marking methodology
Bench-marking templates
Carry-forward rate computation
Deadlines for submission
Computing “indirect cost rates”

Hotel Information: meeting location and sleeping rooms –
Due to a recent fire at the Residence Inn, we have moved the training site to the Courtyard Marriott, 1920 Yale SE, Albuquerque, NM 87106; Telephone #505-843-6600. Rooms are available at this location also, and the $91.00 Federal per diem rate for Albuquerque is honored. This location is just a few blocks from the Albuquerque International Airport, so if you are flying, the location is very convenient.