Word: indirect
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...executive branch has also begun to take steps aimed at reshaping indirect cost policy...
...Office of Management and Budget is considering revisions in its Circular A-21, which sets the guidelines for appropriate billing of indirect costs. These revisions would disallow reimbursements for first-class travel, alcohol purchases and items relating to the university president's home, according to the subcommittee investigator...
...which sets the cap for Harvard's indirect costs, is auditing 13 schools, including Johns Hopkins, Dartmouth, Yale and Duke. HHS is currently negotiating with Harvard to establish a new indirect cost rate and has proposed a new provisional rate of 63.5 percent to replace the old rate of 88 percent...
This means that for every dollar the Medical School receives in research grants, the University would receive 63.5 cents. The final indirect cost rate for the Medical School will likely be near the proposed provisional rate of 63.5 percent, an informed source said last week...
Harvard announced several weeks ago that it would cut $500,000 from this year's indirect cost bill. The University withdrew requests for reimbursement of costs which include funds used for a senior dean's retirement party and any costs relating to the home of President Derek...