Administrative Memo ORA-96-01
|Subject:||Indirect Cost Recovery Charged on Parts to Fabricate Equipment/Subcodes 4570 & 4571|
|From:||Sue B. Weir, Research Administrator|
Parts to fabricate equipmentincur the normal UAH indirect cost recover rate unless the Sr. Vice President for Research has agreed to cost share the indirect. If the indirect is NOT cost shared, the funds are credited to subcode "4571." Subcode "4570" is for contracts/grants on which the indirect on this charge will be cost shared.
"Parts to fabricate equipment" is only used in a situation in which the parts are being purchased to build a definable, end-result piece of equipment. Each requisition for these parts must have the name of the resulting equipment stated on it. Items purchased to restock an inventory or with no immediate, definable equipment fabrication purpose should be purchased on subcode "4560."
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