Common use of CARRY FORWARD AMOUNTS Clause in Contracts

CARRY FORWARD AMOUNTS. 1. The Office of Naval Research Negotiation Agreement dated August 5, 2019 established Fixed Fringe Benefits Rates with carry-forward provisions for Virginia Polytechnic Institute and State University’s fiscal year ending June 30, 2020. This negotiation agreement records agreement on the final carry-forward amounts resulting from determination of actual costs for fiscal year 2020. These costs have been determined in accordance with the provisions of 2 CFR Part 200. ( ) denotes over-recovery. Regular Faculty $1,658,322 Research Faculty ($894,185) Part Time Faculty ($16,813) Classified $157,295 Wages $21,901 Graduate Student ($135,292) 2. The Fringe Benefits Rates set forth in Section I are inclusive of the final fiscal year 2020 carry-forward amounts shown above, which are liquidated in their entirety.

CARRY FORWARD AMOUNTS. 1. The Office of Naval Research Negotiation Agreement dated August 5June 29, 2019 2022 established Fixed Fringe Benefits Rates with carry-forward provisions for Virginia Polytechnic Institute and State University’s fiscal year ending June 30, 20202023. This negotiation agreement records agreement on the final carry-forward amounts resulting from determination of actual costs for fiscal year 20202023. These costs have been determined in accordance with the provisions of 2 CFR Part 200. ( ) denotes over-recovery. Regular Faculty ($1,658,322 412,474) Research Faculty ($894,185729,704) Part Time Faculty ($16,81331,105) Classified ($157,295 1,737,920) Wages $21,901 154,718 Graduate Student ($135,292204,174) 2. The Fixed Fringe Benefits Rates set forth in Section I are inclusive of the final fiscal year 2020 2023 carry-forward amounts shown above, which are liquidated in their entirety.

CARRY FORWARD AMOUNTS. 1. The Office of Naval Research Negotiation Agreement dated August 5June 18, 2019 2018 established Fixed Fringe Benefits Rates with carry-forward provisions for Virginia Polytechnic Institute and State University’s fiscal year ending June 30, 20202019. This negotiation agreement records agreement on the final carry-forward amounts resulting from determination of actual costs for fiscal year 20202019. These costs have been determined in accordance with the provisions of 2 CFR Part 200. ( ) denotes over-recovery. Regular Faculty ($1,658,322 1,559,235) Research Faculty ($894,185) 17,465 Part Time Faculty ($16,81328,216) Classified $157,295 142,078 Wages ($21,901 27,576) Graduate Student ($135,292945,612) 2. The Fringe Benefits Rates set forth in Section I are inclusive of the final fiscal year 2020 2019 carry-forward amounts shown above, which are liquidated in their entirety.