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MGT OF AMERICA, INC. (2) - 2018
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MGT OF AMERICA, INC. (2) - 2018
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Last modified
9/25/2019 12:23:17 PM
Creation date
5/22/2018 2:48:31 PM
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Contracts
Company Name
MGT OF AMERICA, INC.
Contract #
A-2018-112
Agency
PUBLIC WORKS
Council Approval Date
5/1/2018
Expiration Date
4/30/2021
Insurance Exp Date
7/1/2020
Destruction Year
2026
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UNDERSTANDING OF NEED <br />4 1 # <br />a cost allocation plan and indirect cost rates that are compliant with the principles contained In the <br />Circular. Generally, 2 CFR Part 200 compliant cost allocation plans are more restrictive than Full Cost <br />plans, Include fewer allowable Indirect costs, and apply to external purposes such as recovering Indirect <br />costs on federal and state grants and awards. <br />The table below describes the objectives, typical uses and considerations associated with both types of <br />cost allocation plans. <br />• Identify the true costs of <br />• Charging non -General Fund <br />• Administrative and <br />administering all city <br />funds for administrative and <br />support costs allowable <br />departments, divisions <br />support services. <br />under GAAP. Plan <br />and programs. <br />• Recovering citywide <br />conforms to 2 CFR Part <br />• Justification for charging <br />administrative and support <br />200 principles but is not as <br />the proportional cost for <br />costs in hourly and billing <br />restrictive. <br />city administration and <br />rates. <br />Is not submitted for <br />FULL COST support to Internal <br />• Recovering citywide <br />review to a cognizant <br />sources, or external <br />administrative and support <br />agency. <br />sources In the case of <br />costs in use fees and rates. <br />• Basis for transfer of <br />billing rates and user <br />. Budgeting and resource <br />dollars from non-GF to the <br />fees. <br />allocations. <br />General Fund. <br />• Typically result in 15% <br />higher returns than 2 CFR <br />Part 200 plans. <br />• 'Identify administrative - <br />Charging overhead costs to `• <br />If this type of plan is used - <br />costs allowable under 2 <br />federal grants. <br />for grant claim use, 2 <br />-CFR Part 200 and <br />Charging overhead costs to <br />CFR Part200 requires that :. <br />distributing those costs <br />state grants and SB 90 <br />an annual plan be <br />on an equitable basis. <br />claims. <br />prepared. <br />2 CFR PART 200 <br />- - • - Charging admin and <br />Provides a conservative' <br />Maybe reviewed by a <br />overhead costs to grants, <br />- <br />view of citywide <br />cognizant agency. - <br />claims and other uses <br />administrative and support <br />- that specifically require:2 <br />costs <br />-CFR Part 200 use. <br />- <br />A4 M GT CITY OF SANTA ANA, CALIFORNIA I MARCH 8, 2018 PAGE 10 <br />CONSULTING GROUP RrP NO 1.8-0231 1 PROPOSAL FOR COST ALLOCATION PLAN / ISF ALLOCATION STUDY ' <br />
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