completing a cost allocation plan and/or an indirect cost rate proposal. This topic assists agencies and institutions in meeting the Commonwealth’s indirect cost recovery requirements as set forth in the Appropriation Act, Section 4-2.03.a. May 16, 2015 · Cost allocation (also called cost assignment) is the process of finding cost of different cost objects such as a project, a department, a branch, a customer, etc. It involves identifying the cost object, identifying and accumulating the costs that are incurred and assigning them to the cost object on some reasonable basis.
This determination, referred to as “cost negotiation cognizance,” is set by the HHS Division of Cost Allocation or Department of Defense’s (DoD) Office of Naval Research. Your project’s indirect cost rate will be set by the agency you are receiving most of your funding from; e.g., HHS or DoD. Indirect Cost Information and Templates The Government of the District of Columbia Office the State Superintendent of Education (OSSE) has, in cooperation with the US Department of Education (DOE), developed an indirect cost proposal to be used by local education agencies (LEAs) in the District of Columbia.