TREATMENT OF FRINGE BENEFITS. Fringe benefits applicable to direct salaries and wages are treated as direct costs. Pursuant to 2 CFR 200.431, (b), (3), Paragraph (i), unused leave costs for all employees are allowable in the year of payment. The treatment of unused leave costs should be allocated as an indirect cost except for those employee salaries designated as a direct cost for the restricted rate calculation.
Appears in 10 contracts
Samples: Indirect Cost Rate Agreement, Indirect Cost Rate Agreement, Indirect Cost Rate Agreement
