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Update on Implementation of New Facilities and Administrative (F&A) Rates Update to MRAM December 2010 Management Accounting and Analysis A Division of Financial Management within Finance and Facilities Agenda • Summary of Rates – FY 2010 through FY 2014 • Rate Agreement Specifics • Next Steps • FAQ’s • Questions 2 Summary of Rates – FY 2010 through FY 2014 Organized Research Rate: New Negotiated Rates (FY 2010-2014) Previously Negotiated Rates (FY 2005-2009) On-campus 54% -- FY 2010-2012 54.5% -- FY 2013-2014 55.5% -- FY 2005-2007 56% -- FY 2008-2009 Off-campus 26% 26% South Lake Union 66% -- FY 2010; 68% FY 2011; 72% -- FY 2012; 73% -- FY 2013; 74% -- FY 2014 66% Regional Primate Center 42% (A)/ 78% (A+B)/ 83% (A+B+C) 44% (A)/ 75% (A+B) Applied Physics Lab 17% 17% Other Sponsored Activity 33.8% (on-campus) 26% (off-campus) n/a Vessel 25% (S&W) 25% (S&W) Instruction 53.0% (on-campus) 26% (off-campus) 58% (on-campus) 26% (off-campus) 4 Rate Agreement Specifics • Date of Rate Agreement = November 30, 2010 • Rates effective from July 1, 2009 through June 30, 2014 (FY 10-FY14) • Links to signed rate agreement and rate components: http://www.washington.edu/research/main.php?page=ospRates&entryTab=2 or http://f2.washington.edu/fm/maa/references • Rate agreement updates: – All UW F&A rates – FY 2011 Fringe Benefit rates 5 Next Steps • Begin using new rates in proposal applications now. • Administrative systems and GIM 13a to be updated with new rates: – FAS (and MyFD), SAGE, Cost Share Module, etc. • Certain F&A costs will be adjusted to reflect lower oncampus OR rate: – On-campus federal and federal pass-through awards, – New awards or competitive renewals on or after July 1, 2009, and – Current actual F&A rate > 54% 6 Next Steps, continued • List of awards/budgets impacted by adjustment being finalized now. • Departmental Communication: – Awards and budgets impacted by adjustments – Timing – Other considerations (rebudgeting, cost sharing and reporting impacts, etc.) • Future Questions to be Addressed: – Impact on RCR calculations and distributions – Impact on cost sharing 7 Frequently Asked Questions • What is the Other Sponsored Activity Rate? – Not organized research and – Not instructional training – Includes such things as health service projects, community service programs, public service projects, and conferences • When the rates increase (in FY 13 for on-campus OR and each year for SLU), should that be reflected in proposals? – Yes 8 Questions? January 2011 RAA Brown Bag [email protected] Upcoming MRAM meetings 9 Contact Information Office of Sponsored Programs Lynne Chronister Sinh Simmons Carol Rhodes 543-4043 685-7165 543-2139 [email protected] [email protected] [email protected] Management Accounting and Analysis Michael Anthony Cristi Chapman Brion Norton Joe Nalley Devon Rosencrans 616-1379 543-9985 543-8282 543-1266 616-8490 [email protected] [email protected] [email protected] [email protected] [email protected] Management Accounting and Analysis A Division of Financial Management Within Finance and Facilities 10