UAMS ADMINISTRATIVE GUIDE

NUMBER: 8.3.10 
DATE:
1/08/2004
REVISION:

SECTION: FINANCE DEPARTMENT
AREA: RESTRICTED FUNDS ACCOUNTING
SUBJECT: INDIRECT COST RECOVERY

PURPOSE

This policy establishes the guidelines for requesting a waiver of indirect costs in a grant application or clinical trial. 

POLICY

University policy requires recovery of all costs (direct and indirect costs) associated with any test or investigation conducted by university personnel.  Exceptions to this policy must be requested and approved.  Exceptions include:

  1. Sponsor Policy:  An exception may be granted to a non-profit organization if the sponsor limits by statute, published guidelines or policy indirect cost recovery on its awards.  This criterion does not apply to for-profit organizations and it is not sufficient to have a sponsor simply write a letter stating indirect costs or overhead are limited or not allowed.  When a sponsor does not allow full indirect cost recovery, and a waiver is not currently on file, an exception to the policy must be requested.
     
  2. VITAL PROGRAM: An exception may be granted when the anticipated award supports a vital program in the best interest of the campus.  This criterion is applicable only to individual projects and would not be granted as a class waiver.

Waiver Authority:  The chancellor or his/her designee.