Facilities & Administrative (F&A) Rates
Facilities & Administrative (F&A) Rates are also known as Indirect Costs. By definition, these costs are “incurred for a common or joint purpose benefitting more than one cost objective, and not readily assignable to the cost objectives specifically benefitted, without effort disproportionate to the results achieved.”
Examples of F&A costs would be:
- Equipment Depreciation
- Utilities
- General Administration
- Sponsored Programs Administration