Word: indirectness
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...school now has a provisional indirect cost agreement with HHS of 88 percent, in effect since July...
This means that for every dollar that the government awards the Medical School in grant monies, the University is entitled to an additional 88 cents, which is meant to reimburse research-related costs. Indirect costs can include expenses such as lighting, heating, renovating laboratories and building new research buildings...
...fiscal year, the University received over $18 million from the National Institute of Health (NIH) in reimbursement for indirect costs for the Medical School, according to Robert F. Moore, supervisory program analyst for the division of research grants...
...problems confront the Medical School in its negotiations for an increase in the indirect cost rate...
...probe concludes that the Medical School has had too high an indirect cost rate in the past, then HHS will be less likely to increase the school's rate...