Word: overheads
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Dates: during 1990-1999
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This fall, government investigators found that Stanford University had overbilled taxpayers on federal grant overhead costs--to the tune of at least $184,000. Another investigator speculated last week that other agencies may have found an estimated $20 million more in inappropriate billing...
Stanford charges one of the nation's highest overhead rates: for every dollar in grant money awarded, the university requires the government to pay 74 cents for research-related "indirect" costs...
...addition, unfavorable findings would greatly weaken the Medical School's negotiating stance for an increase it is seeking in its indirect cost rate. This scenario would be the most costly for the University, which now hopes to work a deal promising more than $1 in overhead for each dollar received in grant monies...
...Medical School currently has a provisional agreement with the Department of Health and Human Services (HHS) for an indirect cost rate of 88 percent. This means that for every dollar the government awards in federal grants to the Medical School, the University can charge an additional 88 cents for overhead on that research...
Counterfeit armaments can easily fool pilots zipping overhead who may not have time to analyze infrared images of their targets, which reveal the wooden husks below for what they are. Except, that is, when the decoys include heaters to simulate the infrared signature of, say, a tank engine, and perhaps crude transmitters to produce radar signals. A deluxe imitation tank from M.V.M. runs about $23,000, a lot cheaper than the real thing, which can cost $1 million or more...