![]() NOTE:Ĭosts Which CANNOT be Recovered Through Billing Rates: Fines & penalties Unallowable costs may be recovered through rates charged to external/industry customers.Entertainment (amusement and social activities),.Specifically deemed unallowable in OMB Circular A-21 Section J.Unreasonable with regard to nature or amount.Contact the Comptroller’s Office if assistance is needed in making this identification. Equipment included in the University indirect cost rate calculation can NOT be included in a billing rate. Must be able to specifically identify any equipment whose depreciation is included the billing rate. Depreciation of equipment purchased with federal funds can not be included. Depreciation related to capital assets purchased by the service center and recorded in the service center’s account.Other directly related expenses (e.g., travel, communications).Prior year operating deficit/surplus (carry forwards).Facilities expenses (utilities, custodial) paid directly by the service center.Materials and supplies (directly related).Operating costs which are recorded in the service center’s account :.(c) is necessary to the overall operation of the activity, although a direct relationship.in reasonable proportion to the benefits received or.(b) benefits both the activity and other activities, and can be distributed amongst them.(a) was incurred specifically for the activity.assignment of a cost to a particular activity (i.e., a specific project, sponsored agreement, department) if the cost:.the nature and amount of the goods or services acquired reflect the action that a prudent person would have taken under the same circumstances.For a cost to be federally allowable, it must be:.Because Clemson is an institution that receives federal funds we are required to consistently apply these costing regulations and guidelines.A recharge center’s rates may not be officially posted but still require reviewing by the Comptroller’s office. Example: Electron Microscope, University Union Recharge Centers: An operating unit that provides goods or services within a single college or department. Who Has Billing Rates? Service Centers: An operating unit that provides goods or services throughout the University (internal customers) and may also offer the same goods or services to non-university customers (external customers), the costs of which are recovered through the use of approved billing rates. Example: Departmental Copy Centers Recharge Centers: An operating unit that provides goods or services within a single college or department. Service Centers: An operating unit that provides goods or services throughout the University (internal customers) and may also offer the same goods or services to non-university customers (external customers). Only the costs associated with providing these goods or services are to be recovered from users through established and approved billing rates. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |