What Questions Should be Considered When Discussing Indirect Cost Rates?
When discussing indirect cost rates in epidemiology, several important questions should be addressed:
- What is the allowable indirect cost rate? Funding agencies often have guidelines on the maximum allowable rate. - How are indirect costs allocated? Understanding the allocation process helps ensure transparency and fairness. - What is the impact on the overall budget? Determining the proportion of the budget consumed by indirect costs is essential for financial planning. - Are there any exclusions? Some costs may be excluded from the indirect cost calculation, such as equipment purchases or subcontractor fees.
