F&A and Employee Benefit Rate Updates

Beginning July 1, 2005 the provisional* facilities and administrative (F&A) cost rate applicable to contract college research will change to 56% of modified total direct cost (MTDC).

Also beginning July 1, employee benefit rates applicable to the endowed colleges will change.

To view current rates, please visit our website at http://www.accounting.cornell.edu/Cost_Analyses.cfm.

If you have further questions, please contact Cost Analysis at uco-cost@cornell.edu.

* Provisional rates are primarily for proposal and budgetary purposes, and will be replaced with predetermined rates following negotiation with the federal government. In accordance with OMB Circular A-21, section G-7, new rates, once established, are for new awards. Existing F&A rates remain fixed for existing awards for their non-competitive duration.

Jeffrey Silber
Director for Financial Research Administration
Division of Financial Affairs