Approved Indirect Cost Rate. In accordance with the “Xxxxxx Act”, 40 USC §§ 1101-1104, Consultant shall ensure applicable A&E Subconsultants of every tier submit to Consultant in writing an audited Indirect Cost Rate or Safe Harbor Indirect Cost Rate approved by the Washington State Department of Transportation (“WSDOT”). Consultant shall provide STA a copy of subconsultants’ Indirect Cost Rate approved by WSDOT prior to commencing any work with A&E Subconsultants.
Approved Indirect Cost Rate. 9 Indirect Costs If indirect costs are allowable under an award, the Indirect Cost Budget Category will be available on the Budget tab. With the exception of grantees of federal awards who have never received a negotiated indirect cost rate as described in 2 CFR § 200.414(f), grantees choosing to apply indirect costs to the award must have an approved indirect cost rate agreement with their cognizant agency. A copy of the approval letter from the cognizant agency must be uploaded to the grant application for the grantee to be eligible for the indirect cost rate for the associated award. Indirect cost rates are not generally allowed for state-funded grants, but may be approved by OOG at its sole discretion. The indirect cost rate cited in the budget denotes the approved indirect rate at the time the grant was awarded. It is the grantee’s responsibility to ensure the appropriate indirect rate is charged throughout the term of the grant award even if the approved indirect rate expires or changes during the grant period. Indirect costs are subject to monitoring and the grantee must be able to produce evidence of an approved indirect cost rate upon request.
