Program cost summary hs217

These frequently asked questions focus on administrative cost limitations that directors and fiscal managers may ask. Indirect costs may be classified as administrative costs or program costs.

Indirect costs are usually, but not always, administrative costs. However, indirect costs classified as program costs must be fully explained in the application. In addition, a disallowance may be taken on administrative costs that are considered excessive even if the administrative costs limitation is not exceeded. How do you allocate the costs of a staff member who serves as both the Head Start Director and Education Coordinator in a small program?

This would be considered a dual benefit cost and should be appropriately allocated usually a time study between the administration and program. What other contract actions or types require cost analysis? Cost principles describe the allowability of various types of costs e. It depends upon the type of organization with which you are contracting.

The use of one set or another is contract-specific. For example, if the contract is with a private business concern, use the principles in FAR Subpart Here is a list of the cost principles and the types of organizations covered by each:.

Skip to main content. Who is this guide for? What is price analysis? What is cost analysis? Is cost or price analysis always required? Previous Balance - The balance of Federal funds obligated and available for expenditure by the State in the current fiscal year, as of the last Federally-approved transaction. The total of this column may not exceed the sum of the State's current year obligation limitation and prior year funds carried forward.

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