FY indirect cost proposals beginning prior to 12/26/2014 — Must be based on the cost principles available at OMB Circular A-87.
FY indirect cost proposals on or after 12/26/2014 — Must be based on the cost principles available at 2 CFR Part 200 and Appendix VII
Based on the applicable cost principles, State and local organizations may support the indirect costs that they incurred by submitting an Indirect Cost Rate (ICR) proposal or a Cost Allocation Plan (CAP) to their Federal cognizant agency. The proposals should be submitted no later than six months after the end of the entities fiscal year. If the U.S. Department of Labor (DOL) provides the preponderance of funds to the organization, DOL would normally be cognizant. The Office of Cost Determination is responsible for the review and approval of the proposals submitted to DOL. Please click on this link to access checklists to support either and ICR or CAP proposal (PDF)
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