icr for cnp application of indirect cost rate for the federal child nutrition programs – part 1...
TRANSCRIPT
![Page 1: ICR for CNP Application of Indirect Cost Rate for the Federal Child Nutrition Programs – Part 1 Presented by Nicholas Dunford](https://reader036.vdocument.in/reader036/viewer/2022081603/56649e7b5503460f94b7d377/html5/thumbnails/1.jpg)
ICR for CNPICR for CNPApplication of Indirect Cost Rate for the Federal Child Nutrition Programs – Part 1
Presented by Nicholas Dunford
![Page 2: ICR for CNP Application of Indirect Cost Rate for the Federal Child Nutrition Programs – Part 1 Presented by Nicholas Dunford](https://reader036.vdocument.in/reader036/viewer/2022081603/56649e7b5503460f94b7d377/html5/thumbnails/2.jpg)
What are indirect costs?What are indirect costs?Those costs that have been
incurred for __________ ___________.These costs benefit _____ _____
_____ program. Identification with a single project
would require effort _____________ to the results achieved.
Examples?
![Page 3: ICR for CNP Application of Indirect Cost Rate for the Federal Child Nutrition Programs – Part 1 Presented by Nicholas Dunford](https://reader036.vdocument.in/reader036/viewer/2022081603/56649e7b5503460f94b7d377/html5/thumbnails/3.jpg)
What are direct costs?What are direct costs?Those that can be identified
specifically with a _______ cost objective.
Examples?
![Page 4: ICR for CNP Application of Indirect Cost Rate for the Federal Child Nutrition Programs – Part 1 Presented by Nicholas Dunford](https://reader036.vdocument.in/reader036/viewer/2022081603/56649e7b5503460f94b7d377/html5/thumbnails/4.jpg)
Are all costs direct or Are all costs direct or indirect?indirect?NO
◦OMB Circular A-87 defines certain costs as being ___________ and not to be used in the calculation of an indirect cost rate.
Examples?
![Page 5: ICR for CNP Application of Indirect Cost Rate for the Federal Child Nutrition Programs – Part 1 Presented by Nicholas Dunford](https://reader036.vdocument.in/reader036/viewer/2022081603/56649e7b5503460f94b7d377/html5/thumbnails/5.jpg)
What is an indirect cost What is an indirect cost rate?rate?A simplified means for
distributing a ____ _____ of a subgrantee’s administrative costs to federal grants.
The indirect cost rate is the ratio of the _______ costs to a ________ cost base.
What guidance establishes rules on ICR?
![Page 6: ICR for CNP Application of Indirect Cost Rate for the Federal Child Nutrition Programs – Part 1 Presented by Nicholas Dunford](https://reader036.vdocument.in/reader036/viewer/2022081603/56649e7b5503460f94b7d377/html5/thumbnails/6.jpg)
Does every SFA have an Does every SFA have an ICR?ICR?NO
◦Any SFA requesting an indirect cost rate from the ADE will be given one.
![Page 7: ICR for CNP Application of Indirect Cost Rate for the Federal Child Nutrition Programs – Part 1 Presented by Nicholas Dunford](https://reader036.vdocument.in/reader036/viewer/2022081603/56649e7b5503460f94b7d377/html5/thumbnails/7.jpg)
How does a SFA request an How does a SFA request an ICR?ICR?Check the ICR box ‘YES’ on the
AFR.
Where on the AFR?◦Pg. ___ Letter ___
![Page 8: ICR for CNP Application of Indirect Cost Rate for the Federal Child Nutrition Programs – Part 1 Presented by Nicholas Dunford](https://reader036.vdocument.in/reader036/viewer/2022081603/56649e7b5503460f94b7d377/html5/thumbnails/8.jpg)
What type of rate is it?What type of rate is it?ADE utilizes a _______ rate with
a carry-forward provision.
![Page 9: ICR for CNP Application of Indirect Cost Rate for the Federal Child Nutrition Programs – Part 1 Presented by Nicholas Dunford](https://reader036.vdocument.in/reader036/viewer/2022081603/56649e7b5503460f94b7d377/html5/thumbnails/9.jpg)
What’s a fixed rate with What’s a fixed rate with carry forward provision?carry forward provision?Estimate ______ period
operations using current year data.
Create rate based on those estimations.◦e.g. using SY2009 AFR to calculate
SY2011 ICR.When SY2011 is done, compare
_______ against estimated and difference is carried forward.
![Page 10: ICR for CNP Application of Indirect Cost Rate for the Federal Child Nutrition Programs – Part 1 Presented by Nicholas Dunford](https://reader036.vdocument.in/reader036/viewer/2022081603/56649e7b5503460f94b7d377/html5/thumbnails/10.jpg)
Can new SFAs get ICR?Can new SFAs get ICR?YESFor the first two years, SFA will
receive State average.After first two years, any
differences will be adjusted using the _______ ________ provision.
![Page 11: ICR for CNP Application of Indirect Cost Rate for the Federal Child Nutrition Programs – Part 1 Presented by Nicholas Dunford](https://reader036.vdocument.in/reader036/viewer/2022081603/56649e7b5503460f94b7d377/html5/thumbnails/11.jpg)
Why a fixed rate with carry Why a fixed rate with carry forward provision?forward provision?Three-year period showed a wide
variance in ICR from year to year.Carry forward provision attempts
to include _______ _______.
![Page 12: ICR for CNP Application of Indirect Cost Rate for the Federal Child Nutrition Programs – Part 1 Presented by Nicholas Dunford](https://reader036.vdocument.in/reader036/viewer/2022081603/56649e7b5503460f94b7d377/html5/thumbnails/12.jpg)
How is ICR calculated?How is ICR calculated?The Basic Formula
Actual __________ CostsPlus Carry Forward ProvisionEquals Indirect Cost Pool Total
Indirect Cost Pool TotalDivide by ________ Cost TotalEquals Fixed Rate Percentage with
Carry Forward Provision
![Page 13: ICR for CNP Application of Indirect Cost Rate for the Federal Child Nutrition Programs – Part 1 Presented by Nicholas Dunford](https://reader036.vdocument.in/reader036/viewer/2022081603/56649e7b5503460f94b7d377/html5/thumbnails/13.jpg)
Restricted vs. Restricted vs. Unrestricted?Unrestricted?Restricted =
◦__________ but not __________ grant requirement.
Unrestricted =◦NO __________ but not __________
grant requirement.
![Page 14: ICR for CNP Application of Indirect Cost Rate for the Federal Child Nutrition Programs – Part 1 Presented by Nicholas Dunford](https://reader036.vdocument.in/reader036/viewer/2022081603/56649e7b5503460f94b7d377/html5/thumbnails/14.jpg)
ICR on all grants?ICR on all grants?NO
ICR only on __________ grants that do not prohibit recovery.
__________ grants do not contain ICR provisions.
![Page 15: ICR for CNP Application of Indirect Cost Rate for the Federal Child Nutrition Programs – Part 1 Presented by Nicholas Dunford](https://reader036.vdocument.in/reader036/viewer/2022081603/56649e7b5503460f94b7d377/html5/thumbnails/15.jpg)
Limitations on recovery of Limitations on recovery of indirect cost?indirect cost?YES…
3 Major:◦1) __________ Rate◦2) Fund __________◦3) Direct Cost __________
![Page 16: ICR for CNP Application of Indirect Cost Rate for the Federal Child Nutrition Programs – Part 1 Presented by Nicholas Dunford](https://reader036.vdocument.in/reader036/viewer/2022081603/56649e7b5503460f94b7d377/html5/thumbnails/16.jpg)
How to apply ICR?How to apply ICR?Apply to _____ or _____ eligible
projects.◦SFA discretion
Apply max rate or less than max rate.◦SFA discretion◦If less than max, must be uniform.
![Page 17: ICR for CNP Application of Indirect Cost Rate for the Federal Child Nutrition Programs – Part 1 Presented by Nicholas Dunford](https://reader036.vdocument.in/reader036/viewer/2022081603/56649e7b5503460f94b7d377/html5/thumbnails/17.jpg)
What is max ICR?What is max ICR?Maximum rate is the _______ of:
◦Maximum ICR allowed by grant; OR◦ICR issued by ADE; OR◦Actual indirect costs
Restricted max = ____.00%Unrestricted max = ____.00%
![Page 18: ICR for CNP Application of Indirect Cost Rate for the Federal Child Nutrition Programs – Part 1 Presented by Nicholas Dunford](https://reader036.vdocument.in/reader036/viewer/2022081603/56649e7b5503460f94b7d377/html5/thumbnails/18.jpg)
ICR good for what period?ICR good for what period?Applied to a specific ______ fiscal
year.◦July 1 – June 30
![Page 19: ICR for CNP Application of Indirect Cost Rate for the Federal Child Nutrition Programs – Part 1 Presented by Nicholas Dunford](https://reader036.vdocument.in/reader036/viewer/2022081603/56649e7b5503460f94b7d377/html5/thumbnails/19.jpg)
Restrictions on indirect cost Restrictions on indirect cost fund?fund?NO
Federal statutes do not restrict use of indirect cost funds.
![Page 20: ICR for CNP Application of Indirect Cost Rate for the Federal Child Nutrition Programs – Part 1 Presented by Nicholas Dunford](https://reader036.vdocument.in/reader036/viewer/2022081603/56649e7b5503460f94b7d377/html5/thumbnails/20.jpg)
Contact InfoContact InfoGary Holland
1535 W JEFFERSON STBIN# 19PHOENIX, AZ 85007
(602) [email protected]