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INDIRECT COST RATE AGREEMENT <br />NONPROFIT ORGANIZATION <br />Organization: <br />Lutheran Social Services of Southern California <br />999 Town and Country Road, Suite 100 <br />Orange, CA 92868 <br />Date: May 13, 2024 <br />Agreement No: 2024-505 <br />Filing Reference: This replaces previous <br />Agreement No. 2023-012 <br />Dated: 4/20/2023 <br />The approved indirect cost rates herein are for use on grants, contracts, and other agreements with the <br />Federal Government. The rates are subject to the conditions included in Section II of this Agreement and <br />regulations issued by the Office of Management and Budget (OMB) Uniform Administrative <br />Requirements, Cost Principles, and Audit Requirements for Federal Awards under 2 CFR 200. <br />Section I - Rates and Bases <br />Type From To <br />Predetermined 7/l/2022 6/30/2026 <br />Predetermined 7/1/2022 6/30/2026 <br />Rate <br />Base <br />Applicable To <br />19.0% * <br />MTDC <br />Unrestricted <br />8.0% * <br />MTDC <br />Training <br />* In accordance with 2 CFR 200.414(g), Lutheran Social Services of Southern California requested an extension <br />of its current rates for fiscal year 2023, and they are extended in accordance with this regulation. <br />Distribution Base: <br />MTDC Modified Total Direct Cost - Total direct costs excluding equipment, capital <br />expenditures, participant support costs, pass -through funds and the portion of each <br />subaward (subcontract or subgrant) above $25,000 (each award; each year). <br />Applicable To: <br />Unrestricted Unrestricted rates apply to programs that do not require a restricted rate per 34 CFR <br />75.563 and 34 CFR 76.563. <br />Training Indirect cost on a training grant is limited to 8% of MTDC or the actual indirect cost <br />calculation, whichever is lower (per 34 CFR 75.562(c)(1)). <br />Treatment of Fringe Benefits: <br />Fringe benefits applicable to salaries and wages are treated appropriately as direct or indirect costs. <br />Vacation, holiday, sick leave and other paid absences are included in salaries claimed on awards. <br />Separate claims for paid absences are not made. <br />Capitalization Policy: Items of equipment are capitalized and depreciated if the initial acquisition cost is <br />equal to or greater than $5,000. <br />