INDIRECT COSTS STRATEGIES AND THE NEW SUPER CIRCULAR

Tuition:      $575.00 in advance, $600.00 if invoiced
Date:          February 6-7, 2020
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 –
Courtyard Albuquerque Airport, 1920 Yale Blvd. SE, Albuquerque, NM 87106; telephone 505-843-6600; ask for government room rate, currently $96.00 per night. This location is the training location. Sleeping rooms are available as well. The Albuquerque International Airport is approximately 1 mile from this facility, and shuttle service is available.