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Many institutions must engage in the process of negotiating federal indirect cost rates and non-profits face unique challenges in preparing and negotiating indirect rates. As we go through this process, many of us often wonder if we've done everything within the constraints of the Uniform Guidance (2 CFR Part 200) to maximize our institution's negotiated rate and resulting indirect cost reimbursement. In this session we will present numerous strategies which may be employed to maximize indirect cost recovery, both in the preparation of your indirect cost rate filing, as well as during the subsequent rate negotiation. This will be an interactive session and we will discuss the types of indirect costs that are sometimes overlooked and discuss recent government trends in rate negotiations.
Learning Objectives:
Determine techniques which may assist in providing enhanced indirect cost recovery in preparing your proposals and negotiating with the government
Differentiate the types of rates and impact on recovery and risk
Identify some typical indirect costs that are often overlooked and treated incorrectly in the preparation of rate proposals