Indirect Costs Relating to Federal Programs. If the Auxiliary administers a federally-sponsored program, it shall reimburse the District for indirect costs associated with the performance of services by District for the Auxiliary relating to the federally-sponsored project. Such reimbursement shall take into consideration the District’s federal indirect cost rate and the approved indirect cost allocation, if any, of the federal program award. In the event that the District’s federal indirect cost rate has not been determined, the District’s President shall determine and specify such costs and the amount thereof. All such reimbursements shall be made by the Auxiliary within thirty (30) days of receipt of an invoice with a determination of such costs.
Indirect Costs Relating to Federal Programs. If the Foundation administers a federally-sponsored program, it shall reimburse the District for indirect costs associated with the performance of services by the District for the Foundation relating to the federally-sponsored project. Such reimbursement will take into consideration the District’s federal indirect cost rate and the approved indirect cost allocation, if any, of the federal program award. All such reimbursements shall be made by the Foundation within thirty (30) days of receipt of an invoice with a determination of such costs. The President/Superintendent may waive this requirement upon request of the Foundation.
