Facilities and Administration (F&A) Costs
F&A costs (sometimes called Indirect Costs) per UG, are those costs that are incurred for common or joint objectives, and therefore, cannot be identified readily and specifically with a particular sponsored project, an instructional activity, or any institutional activity. F&A costs are normally classified under the following categories: depreciation, general administration expenses, maintenance expenses.
F&A costs may more usefully be defined as the cost of using the University’s facilities and administrative support. Per UG, federal agencies shall use the negotiated rates for F&A costs in effect at the time of the initial award throughout the life of the sponsored agreement. Life for the purpose of this subsection means each competitive segment of funding of the project.
The negotiated rate in effect at the time of the initial award should be used throughout the life (competitive segment) of the project. If the life of the project extends beyond the length of the F&A rate agreement, the rate approved for the last negotiated F&A period shall be extended through the end of the competitive segment.
LSU Resources:
- Cost Accounting Standards Board Disclosure Statement for Educational Institutions (CASB DS-2)
- Approved Facilities and Administrative Agreements: F&A Rate Schedules