Word: overheads
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...million Americans endure other noise, including the cacophony of city traffic, that is louder than the level the Federal Government deems safe, and 15 million live close to busy airports or beneath heavily traveled air routes. In some neighborhoods of northern New Jersey, more than 1,000 flights thunder overhead each...
...government investigations are concerned with billings for overhead costs on research-- called indirect costs. Each school receives a certain amount of money over and above the direct federal grant money, tagged for expenditures such as building depreciation, heating and lighting...
...example, for every dollar of federal research money granted to a Harvard Medical School researcher, the University can charge the government up to 88 cents more to cover overhead costs...
...will be drafting a new version of Circular A-21--the all-encompassing set of regulations defining appropriate indirect cost billing--that will attempt to further restrict overhead reimbursements in light of the findings...
Under the microscope of the General Accounting Office, the University has admitted to making $500,00 of mistaken or questionable billings to the government for overhead on research at the Medical School. Now, the federal 'indirect cost' inquiry has engulfed nearly 300 schools...