#MASTER EQUIPMENT BUDGET WORKBOOK PLUS#

Direct Costsĭirect costs are incurred in the performance of the project and must be directly attributable to the project and must be considered reasonable, allocable, and allowable. Reminder: the sponsor’s cost categories may be different than those used by the University necessitating an adjustment between cost categories at the post award stage.

#MASTER EQUIPMENT BUDGET WORKBOOK PLUS#

Direct costs plus F&A costs equal total costs. Proposal budgets generally include two basic categories of costs: direct costs of the proposed project and facilities and administrative (F&A or indirect) costs. If the sponsor does not provide additional funding, any deficit that results will be cleared by the campus deficit reduction policy. Note: If a funding deficit results from (a) international currency fluctuations or (b) project expenditures exceeding the amount of the award, the PI may wish to work through their RA to request additional funding from the sponsor. The PI should monitor project costs and make internal budget adjustments (with sponsor approval if required) to stay within the project budget approved by the sponsor. The PI should build a budget that considers the likelihood of future changes budget categories, rates, and conditions. Because proposal budgets are only estimates of what the project will cost in the future, and rates and costs do vary over time, the principal investigator (PI) should be aware that future budget adjustments may be necessary during the life of the award, and such adjustments may require sponsor approval obtained through OCG. When a budget is required by the sponsor, the budget should reflect the best estimate of the costs requested to conduct the work outlined in other sections of the proposal. *Note: Budgeting for project needs is the responsibility of the PI with the assistance of the BRS/Department Research Administrator (RA) assigned to his/her unit. However, actual costs for fringe benefits are charged (billed) to the sponsored project at the time the cost is incurred, based on salary, selected benefits package and other variables applicable to the individual employee.” Fringe benefit costs have been estimated based on historical data. The following description should be used in a proposal budget justification: “Sponsored awards are responsible for the actual fringe benefit costs incurred by each employee working on the project. The fringe benefits identified in the UH F&A Rate Agreement (PDF) include FICA Life Insurance, Retirement Health Insurance, and Worker's Compensation Unemployment Insurance. Actual fringe benefits are charged to the sponsored project at the time the salary cost is incurred and are based on the salary, selected benefits package and other variables applicable to the individual employee. Use the Template for Proposal Budgets to estimate all salaries included in a proposal budget for each person.

Proposals submitted by the University of Houston to an external sponsor should include an amount estimated to be the actual costs for fringe benefits. The off-campus rate will remain unchanged at 26%, but the on-campus rates will be adjusted according the following schedule:Ĭurrent UH Negotiated F&A Rates Effective Periodįor more, refer to the Division of Research memo on the rate change or view the rate agreement approved by Department of Health and Human Services and the UH Office of the General Counsel. The resulting rates are effective immediately and are retroactively applicable as of September 1, 2019.

The University of Houston has negotiated a four-year, pre-determined indirect cost (IDC) rate plan with our cognizant federal agency, the U.S.

Conflict of Interest Certification in Researchīudget Procedures and Rates Information Template for Proposal Budgets Facilities and Administrative Cost Rate (IDC rate).

Texas Research Incentive Program (TRIP).

Master equipment budget workbook