SPECIAL REMARKS Clause Samples

SPECIAL REMARKS. There are no adjustments in the 2016-17 Cost Allocation Plan.

SPECIAL REMARKS. Equipment Definition - Equipment means an article of nonexpendable, tangible personal property having a useful life of more than one year and an acquisition cost of $2,500 or more per unit. The State issued the Tobacco Bonds Series 2001 in fiscal year 2002, and used the proceeds to construct three buildings. The interest of $59,205,055 is agreed to be allocated beginning with fiscal year 2007 through fiscal year 2042.

SPECIAL REMARKS. See map for gate locations. Gate keys may be obtained by contacting the South Puget Sound Region office at (▇▇▇) ▇▇▇-▇▇▇▇ or by contacting the Tumwater work center at (▇▇▇) ▇▇▇-▇▇▇▇. S A L E N A M E : A G R E E M E N T # : R E G I O N : C O U N T Y ( S ) : T O W N S H I P ( S ) : T R U S T ( S ) : E L E VAT I O N R G E : 524-1733 ▇▇▇▇ ▇ 22 acres

SPECIAL REMARKS. The adjustments reflected on the Carry Forward Schedule totaling

SPECIAL REMARKS. 1. Provisional/Final Rate approval and impact to closeout adjustments: When seeking initial reimbursement of indirect costs using the provisional/final rate methodology, a provisional proposal must be submitted within 90 days of receiving a Federal award (financial assistance, grants, cooperative agreements, and cost reimbursable contracts) that requires accounting for actual costs incurred. The non-Federal entity or contractor must submit an indirect cost rate proposal within six (6) months after the end of their fiscal year to establish a final rate. Once a final rate is negotiated, ▇▇▇▇▇▇▇▇ and charges to Federal awards must be adjusted if the final rate varies from the provisional rate. If the final rate is greater than the provisional rate and there are no funds available to cover the additional indirect costs, the non-Federal entity or contractor may not recover all indirect costs. Conversely, if the final rate is less than the provisional rate, the non- Federal entity or contractor will be required to reimburse the funding agency for the excess ▇▇▇▇▇▇▇▇. “The contractor shall update the ▇▇▇▇▇▇▇▇ on all contracts to reflect the final settled rates and update the schedule of cumulative direct and indirect costs claimed and billed, as required in paragraph (d)(2)(iii)(I) of this sections, within 60 days after settlement of final indirect cost rates.” In addition, the contractor shall provide to the Contracting Officer the noted cumulative costs schedule within 60 days of the execution of this agreement. If the non-Federal entity or contractor has completed performance under any of the contracts covered by this Agreement, a final invoice or voucher must be submitted no later than 120 days from the date on which this Agreement is executed, following guidance from FAR 52.216-7(d)(5) and FAR 52.216-7(h). Non-Federal entities receiving Federal awards (financial assistance, grants, and cooperative agreements) – Note that even if Federal awards are administratively closed prior to the settlement of final indirect cost rates, non-Federal entities still must comply with the following 2 CFR Part 200 clauses stating, in part: (a) The closeout of a Federal award does not affect any of the following: (1) The right of the Federal awarding agency or pass-through entity to disallow costs and recover funds on the basis of a later audit or other review. The Federal awarding agency or pass-through entity must make any cost disallowance determination and notify the non-Fe...

SPECIAL REMARKS. Indirect costs charged to Federal grants/contracts by means other than the rate(s) cited in the agreement should be adjusted to the applicable rate(s) cited herein which should be applied to the appropriate base to identify the proper amount of indirect costs allocable to the program.

SPECIAL REMARKS. The adjustments reflected on the Carry Forward Schedule totaling ($138,497) must not be included when calculating carry-forward in the 2018-19 Estimated Cost Allocation Plan.

SPECIAL REMARKS. The Summer Faculty fringe rate is applicable to regular faculty members with summer appointments and to awarding-agency-approved intra-university consulting labor.

SPECIAL REMARKS. 1. Indirect costs charged to Federal grants/contracts by means other than the rate(s) cited in this Agreement should be adjusted to the applicable rate cited herein and be applied to the appropriate base to identify the proper amount of indirect costs allocable to the program. 2. Contracts/grants providing for ceilings as to the indirect cost rate(s) or amount(s) which are indicated in Section I above, will be subject to the ceilings stipulated in the contract or grant agreements. The ceiling rate or the rate(s) cited in this Agreement, whichever is lower, will be used to determine the maximum allowable indirect cost on the contract or grant agreement. 3. Indirect costs allocable to a particular award or other cost objective may not be shifted to other Federal awards to overcome funding deficiencies, or to avoid restrictions imposed by law or by terms of the award. 4. Administrative costs consist of all Direct and Indirect costs associated with the management of an organization's programs. Organizations should refer to their contracts/grants terms and specific program legislation for the applicable definition of "Administrative Costs" and any related limitations. 5. The VRD rates shown in Section I include VRD’s portion of the Department-wide indirect costs and VRD’s portion of the statewide cost allocation. 6. The ETSD rates shown in Section I include ETSD’s portion of the Department-wide indirect costs and ETSD’s portion of the statewide cost allocation. 7. The indirect cost pool is composed of the following costs not specifically identifiable to grants, contracts, or other final cost objectives: wages and related fringe benefits, travel, professional services, communications, printing, repairs and maintenance, equipment rental, transportation, rent, supplies equipment expense under $5,000 ceiling, and miscellaneous. The following costs were treated as indirect costs and should not be reimbursed on a direct basis: a. Administrative Services, Fiscal, Anchorage Field Office, Personnel, Publications Office, and persons located in the Commissioner’s Office benefiting federal programs. b. Approved Statewide Central Services Costs c. Audit costs and Department of Administration leases 8. Fringe benefits consist of Alaska Supplemental Benefits (offered in lieu of Social Security), Public Employee Retirement Plan, Federal and State Unemployment Insurance, workers compensation, paid time off (considered part of salaries and wages), legal trust plan, insurance (he...