Common use of TREATMENT OF FRINGE BENEFITS Clause in Contracts

TREATMENT OF FRINGE BENEFITS. The fringe benefits are charged using the rate(s) listed in the Fringe Benefits Section of this Agreement. The fringe benefits included in the rate(s) are listed below. Vacation, holiday, sick leave pay and other paid absences are included in salaries and wages and are claimed on grants, contracts and other agreements as part of the normal cost for salaries and wages. Separate claims are not made for the cost of these paid absences. OFF-CAMPUS DEFINITION: For all activities performed in facilities not owned by the institution and to which rent is directly allocated to the project(s) the off-campus rate will apply. Grants or contracts will not be subject to more than one F&A cost rate. If more than 50% of a project is performed off-campus, the off-campus rate will apply to the entire project. Fringe Benefits include: FICA, Retirement, Disability Insurance, Life Insurance, Tuition Remission, Workers’ Compensation, Unemployment Insurance, Health & Dental Insurance, Death Benefits, Sabbatical Leave, and Post Retirement Benefits. An equipment means an article of nonexpendable tangible personal property having a useful life of more than one year, and an acquisition cost of [*] or more per unit. Next Fringe Benefits rates proposal for fiscal year ending 06/30/2020 is due in our office by 12/31/2020. *This rate agreement updates the Fringe Benefits rates section only.*

TREATMENT OF FRINGE BENEFITS. The fringe benefits are charged using the rate(s) listed in the Fringe Benefits Section of this Agreement. The fringe benefits included in the rate(s) are listed below. Vacation, holiday, sick leave pay and other paid absences are included in salaries and wages and are claimed on grants, contracts and other agreements as part of the normal cost for salaries and wages. Separate claims are not made for the cost of these paid absences. OFF-CAMPUS DEFINITION: For The off-campus rate will apply for all activities performed activities: a) Performed in facilities not owned by the institution and to which where these facility costs are not included in the F&A pools; or b) Where rent is directly allocated allocated/charged to the project(s) the ). Actual costs will be apportioned between on-campus and off-campus rate components. Each portion will apply. Grants or contracts will not be subject to more than one F&A cost bear the appropriate rate. If more than 50% FRINGE BENEFITS: FICA Retirement Disability Insurance Worker's Compensation Life Insurance Unemployment Insurance Health Insurance Tuition Remission Dental Insurance Benefits' Administration Child Care Assistance Lump Sum Separation Payments Extended Sick Leave Employee Assistance Program Group Travel Insurance FSA & HSA Match Condolence Payments As of a project is performed off-campus, 09/01/01 Telecommunications and Networking and the off-campus rate will apply to the entire projectAnimal Care Facility are specialized service centers. *This Rate Agreement reflects new Fringe Benefits include: FICA, Retirement, Disability Insurance, Life Insurance, Tuition Remission, Workers’ Compensation, Unemployment Insurance, Health & Dental Insurance, Death Benefits, Sabbatical Leave, and Post Retirement BenefitsRates only.* Your next fringe benefit proposal based on actual costs for the fiscal year ending 08/31/2021 is due in this office on 02/28/2022. An equipment Your next indirect cost proposal based on actual costs for the fiscal year ending 08/31/2022 is due in this office on 02/28/2023. Equipment means an article of nonexpendable tangible personal property (including information technology systems) having a useful life of more than one year, year and an a per-unit acquisition cost of [*] which equals or more per unit. Next Fringe Benefits rates proposal for fiscal year ending 06/30/2020 is due in our office by 12/31/2020. *This rate agreement updates the Fringe Benefits rates section onlyexceeds $5,000.*

TREATMENT OF FRINGE BENEFITS. The fringe benefits are charged using the rate(s) listed in the Fringe Benefits Section of this Agreement. The fringe benefits included in the rate(s) are listed below. Vacation, holiday, sick leave pay and other paid absences are included in salaries and wages and are claimed on grants, contracts and other agreements as part of the normal cost for salaries and wages. Separate claims are not made for the cost of these paid absences. OFF-CAMPUS SITE DEFINITION: For all activities performed in facilities not owned by the institution organization and to which rent is directly allocated to the project(s) ), the off-campus site rate will apply. Grants or contracts will not be subject to more than one F&A indirect cost rate. If more than 50% of a project is performed off-campusoff- site, the off-campus site rate will apply to the entire project. Fringe Benefits benefits include: FICA, Unemployment Compensation, Workers' Compensation, Retirement, Disability Medical Insurance, Dental Insurance, Life Insurance, Tuition Remission, Workers’ Compensation, Unemployment Disability Insurance, Health & Dental InsuranceTuition Fee Waiver, Special Employee Death BenefitsBenefit, Sabbatical LeaveEmployee Service Award, Flexible Benefits Cash Out, Vacation Payout, and Post Retirement BenefitsMortgage Assistance. An equipment The next indirect cost rate proposal based on the fiscal year ending June 30, 2020 is due in our office by December 31, 2020. The next fringe benefit rate proposal based on the fiscal year ending June 30, 2020 is due in our office by December 31, 2020. Equipment means an article of nonexpendable tangible personal property (including information technology systems) having a useful life of more than one year, year and an a per-unit acquisition cost which equals or exceeds the lesser of [*] the capitalization level established by the non-Federal entity for financial statement purposes, or more per unit. Next Fringe Benefits rates proposal for fiscal year ending 06/30/2020 is due in our office by 12/31/2020. *This rate agreement updates the Fringe Benefits rates section only$5,000.*

TREATMENT OF FRINGE BENEFITS. The fringe benefits are charged using the rate(s) listed in the Fringe Benefits Section of this Agreement. The fringe benefits included in the rate(s) are listed below. Vacation, holiday, sick leave pay and other paid absences are included in salaries and wages and are claimed on grants, contracts and other agreements as part of the normal cost for salaries and wages. Separate claims are not made for the cost of these paid absences. OFF-CAMPUS DEFINITION: For The off-campus rate will apply for all activities performed activities: a) Performed in facilities not owned by the institution and to which where these facility costs are not included in the F&A pools; or b) Where rent is directly allocated allocated/charged to the project(s) the off-campus rate will apply). Grants or contracts will not be subject to more than one F&A cost rate. If more than 50% of a project is performed off-campus, the off-campus rate will apply to the entire project. Fringe Benefits for Faculty and Classified include: FICA, Retirement, Group Insurance, Health Insurance, Unemployment Compensation, Workers' Compensation, Faculty-Staff Tuition Waivers, Short-Term Disability, Leave Balances Upon Separation, Disability Insurance, Life InsuranceVRS Long-term Disability, Tuition Remissionand Cash Match Plan. Fringe Benefits for Hourly and Post Doc include: FICA, Workers’ Unemployment Compensation, Unemployment Insuranceand Workers' Compensation. *The rate agreement updates the Fringe Benefits section only. Next fringe benefits rates proposal for fiscal year ending June 30, Health & Dental Insurance2024 is due in our office by December 31, Death Benefits, Sabbatical Leave, and Post Retirement Benefits2024. An equipment .* Equipment means an article of nonexpendable tangible personal property (including information technology systems) having a useful life of more than one year, year and an a per-unit acquisition cost of [*] which equals or more per unitexceeds $5000. Next Fringe Benefits rates proposal for fiscal year ending 06/30/2020 is due in our office by 12/31/2020. *This rate agreement updates the Fringe Benefits rates section only.*ORGANIZATION: Virginia Commonwealth University AGREEMENT DATE: 09/17/2024

TREATMENT OF FRINGE BENEFITS. The fringe benefits are charged using the rate(s) listed in the Fringe Benefits Section of this Agreement. The fringe benefits included in the rate(s) are listed below. Vacation, holiday, sick leave pay and other paid absences are included in salaries and wages and are claimed on grants, contracts and other agreements as part of the normal cost for salaries and wages. Separate claims are not made for the cost of these paid absences. OFF-CAMPUS DEFINITION: For The off-campus rate will apply for all activities performed activities: a) Performed in facilities not owned by the institution and to which where these facility costs are not included in the F&A pools; or b) Where rent is directly allocated allocated/charged to the project(s) the ). Actual costs will be apportioned between on-campus and off-campus rate components. Each portion will apply. Grants or contracts will not be subject to more than one F&A cost bear the appropriate rate. If more than 50% of a project is performed off-campus, the off-campus rate will apply to the entire project. Medical Faculty and Other Faculty Fringe Benefits include: FICA, Retirement, Disability Insurance, Life Health Insurance, Tuition Remission, Life, Disability, and Employee Liability Insurance, Post-Retirement Sabbatical, Workers’ ' Compensation, and Unemployment Compensation. Senior Administrator and Staff Fringe Benefits include: FICA, Retirement, Health Insurance, Health & Dental Employee Tuition Remission, Life Insurance, Death BenefitsDisability Insurance, Sabbatical LeaveEmployee Liability Insurance, Unemployment Compensation, Workers' Compensation and Post Post-Retirement BenefitsMedical & Life Settlements. An equipment Temporary Fringe Benefits include: FICA. Graduate Student Fringe Benefits include: Employee Tuition Remission and Health Insurance. Equipment means an article of nonexpendable tangible personal property having a useful life of more than one year, and an acquisition cost of [*] $5,000 or more per unit. **Next Fringe Benefits rates fringe benefit rate proposal for the fiscal year ending 06/30/2020 is June 30, 2021 will be due in our office by 12/31/2020. *This rate agreement updates the Fringe Benefits rates section onlyDecember 31, 2021.**

TREATMENT OF FRINGE BENEFITS. The fringe benefits are charged using the rate(s) listed in the Fringe Benefits Section of this Agreement. The fringe benefits included in the rate(s) are listed below. Vacation, holiday, sick leave pay and other paid absences are included in salaries and wages and are claimed on grants, contracts and other agreements as part of the normal cost for salaries and wages. Separate claims are not made for the cost of these paid absences. OFF-CAMPUS DEFINITION: SITE DEFINITION For all activities performed in facilities not owned by the institution organization and to which rent is directly allocated to the project(s) ), the off-campus site rate will apply. Grants or contracts will not be subject to more than one F&A cost rate. If more than 50% of a the project salaries and wages is performed off-campusoff- site, the off-campus site rate will apply to the entire project. Fringe Benefits include: FICA, Retirement, Disability Insurance, Life Insurance, Tuition Remission, Workers’ Compensation, Unemployment Insurance, Health & Dental Insurance, Death Benefits, Sabbatical Leave, and Post Retirement Benefits. An equipment means an article of DEFINITION OF EQUIPMENT Equipment is defined as tangible nonexpendable tangible personal property (including information technology systems) having a useful life of more than one year, year and an acquisition cost of [*] $1,000 or more per unit. Next Fringe Benefits rates proposal The following fringe benefits are included in the fringe benefit rate: FICA, UNEMPLOYMENT INSURANCE (SELF INSURED), WORKERS COMPENSATION, GROUP LIFE AND HEALTH INSURANCE, PENSION PLAN, GROUP DISABILITY, AND DENTAL INSURANCE. NEXT PROPOSAL DUE DATE An indirect cost and fringe benefit cost proposals based on actual costs for fiscal year ending 06/30/2020 is FYE 06/30/20, will be due in our office by 12/31/2020. *This rate agreement updates the Fringe Benefits rates section onlyno later than 12/31/20.*

TREATMENT OF FRINGE BENEFITS. The fringe benefits are charged using the rate(s) listed in the Fringe Benefits Section of this Agreement. The fringe benefits included in the rate(s) are listed below. Vacation, holiday, sick leave pay and other paid absences are included in salaries and wages and are claimed on grants, contracts and other agreements as part of the normal cost for salaries and wages. Separate claims are not made for the cost of these paid absences. OFF-CAMPUS DEFINITION: SITE DEFINITION For all activities performed in facilities not owned by the institution organization and to which rent is directly allocated to the project(s) ), the off-campus site rate will apply. Grants or contracts will not be subject to more than one F&A cost rate. If more than 50% of a the project salaries and wages is performed off-campussite, the off-campus site rate will apply to the entire project. Fringe Benefits include: FICA, Retirement, Disability Insurance, Life Insurance, Tuition Remission, Workers’ Compensation, Unemployment Insurance, Health & Dental Insurance, Death Benefits, Sabbatical Leave, and Post Retirement Benefits. An equipment means an article of DEFINITION OF EQUIPMENT Equipment is defined as tangible nonexpendable tangible personal property (including information technology systems) having a useful life of more than one year, year and an acquisition cost of [*] $1,000 or more per unit. Next Fringe Benefits rates proposal for fiscal year ending 06/30/2020 is due The following fringe benefits are included in our office by 12/31/2020the fringe benefit rate: FICA, UNEMPLOYMENT INSURANCE (SELF INSURED), WORKERS COMPENSATION, GROUP LIFE AND HEALTH INSURANCE, PENSION PLAN, GROUP DISABILITY, AND DENTAL INSURANCE. *This rate agreement updates the Fringe Benefits rates section fringe benefits rate only. NEXT PROPOSAL DUE DATE A fringe benefit rate proposal based on actual costs for FYE 06/30/2023 will be due by 12/31/2023.*

TREATMENT OF FRINGE BENEFITS. The fringe benefits are charged using the rate(s) listed in the Fringe Benefits Section of this Agreement. The fringe benefits included in the rate(s) are listed below. Vacation, holiday, sick leave pay and other paid absences are included in salaries and wages and are claimed on grants, contracts and other agreements as part of the normal cost for salaries and wages. Separate claims are not made for the cost of these paid absences. OFF-CAMPUS DEFINITION: SITE DEFINITION For all activities performed in facilities not owned by the institution organization and to which rent is directly allocated to the project(s) ), the off-campus site rate will apply. Grants or contracts will not be subject to more than one F&A cost rate. If more than 50% of a the project salaries and wages is performed off-campussite, the off-campus site rate will apply to the entire project. Fringe Benefits include: FICA, Retirement, Disability Insurance, Life Insurance, Tuition Remission, Workers’ Compensation, Unemployment Insurance, Health & Dental Insurance, Death Benefits, Sabbatical Leave, and Post Retirement Benefits. An equipment means an article of DEFINITION OF EQUIPMENT Equipment is defined as tangible nonexpendable tangible personal property (including information technology systems) having a useful life of more than one year, year and an acquisition cost of [*] $1,000 or more per unit. Next Fringe Benefits rates proposal for fiscal year ending 06/30/2020 is due The following fringe benefits are included in our office by 12/31/2020the fringe benefit rate: FICA, UNEMPLOYMENT INSURANCE (SELF INSURED), WORKERS COMPENSATION, GROUP LIFE AND HEALTH INSURANCE, PENSION PLAN, GROUP DISABILITY, AND DENTAL INSURANCE. *This rate agreement updates the Fringe Benefits rates section fringe benefits rate only. NEXT PROPOSAL DUE DATE A fringe benefit rate proposal based on actual costs for FYE 06/30/2024 will be due by 12/31/2024.*