The university has negotiated new overhead rates (also known as facilities and administration rates, or F&A) with the federal government. Effective July 1 and running through June 30, 2014, the rates are 42.5 percent for on-campus research, instruction and other sponsored activity, and 26 percent for those activities off campus.
If the solicitation says the award will be made on or after July 1, use the new rate. For awards to be made before July 1, use the old rate.
If there is no award date specified, use the new rate. If a proposal is submitted with the new rate and the award comes in before July 1, the university will negotiate with the agency to adjust it to the former rate.
Multi-year awards will continue with the existing rate. However, if the PI
must submit a proposal for continued funding, that proposal should have the new rate.
The current default rate in RAMSeS is 41 percent. That will be changed to
42.5 percent, but PIs and the Office of Sponsored Programs have the ability to change the rate, as always.
For questions about the F&A rate, contact Sponsored Programs, 334-7995.