Common Contracts

Revenue Service Agreement Rate Worksheet Instructions1

August 13th, 2020

• Filed
  August 13th, 2020

When creating a Revenue Service Agreement to provide a service(s) to an external agency, it is crucial that the total cost (and associated rate) being charged out includes the appropriate costs to ensure that the University recovers all costs associated with the service being performed. To ensure that all costs are given consideration, the Cost Policy office has developed a worksheet to facilitate in deriving the appropriate rate. The proposed rates are reviewed by Cost Policy in FP&A. The remaining related functions (e.g. – invoicing, expense and tax considerations along with establishment of Fund/FAU/Project) are handled by General Accounting. These are miscellaneous activities and budgets will be temporary, booked to match actuals.