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Management Accounting and Analysis A Division of Financial Management

Update on Implementation of New Facilities and Administrative (F&A) Rates Update to MRAM December 2010. Management Accounting and Analysis A Division of Financial Management within Finance and Facilities. Agenda. Summary of Rates – FY 2010 through FY 2014 Rate Agreement Specifics

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Management Accounting and Analysis A Division of Financial Management

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  1. Update on Implementation of New Facilities and Administrative (F&A) RatesUpdate to MRAMDecember 2010 Management Accounting and Analysis A Division of Financial Management within Finance and Facilities

  2. Agenda • Summary of Rates – FY 2010 through FY 2014 • Rate Agreement Specifics • Next Steps • FAQ’s • Questions

  3. Summary of Rates – FY 2010 through FY 2014

  4. Rate Agreement Specifics • Date of Rate Agreement = November 30, 2010 • Rates effective from July 1, 2009 through June 30, 2014 (FY 10-FY14) • Links to signed rate agreement and rate components: http://www.washington.edu/research/main.php?page=ospRates&entryTab=2 or http://f2.washington.edu/fm/maa/references • Rate agreement updates: • All UW F&A rates • FY 2011 Fringe Benefit rates

  5. Next Steps • Begin using new rates in proposal applications now. • Administrative systems and GIM 13a to be updated with new rates: • FAS (and MyFD), SAGE, Cost Share Module, etc. • Certain F&A costs will be adjusted to reflect lower on-campus OR rate: • On-campus federal and federal pass-through awards, • New awards or competitive renewals on or after July 1, 2009, and • Current actual F&A rate > 54%

  6. Next Steps, continued • List of awards/budgets impacted by adjustment being finalized now. • Departmental Communication: • Awards and budgets impacted by adjustments • Timing • Other considerations (rebudgeting, cost sharing and reporting impacts, etc.) • Future Questions to be Addressed: • Impact on RCR calculations and distributions • Impact on cost sharing

  7. Frequently Asked Questions • What is the Other Sponsored Activity Rate? • Not organized research and • Not instructional training • Includes such things as health service projects, community service programs, public service projects, and conferences • When the rates increase (in FY 13 for on-campus OR and each year for SLU), should that be reflected in proposals? • Yes

  8. Questions? January 2011 RAA Brown Bag maahelp@uw.edu Upcoming MRAM meetings

  9. Contact Information Office of Sponsored Programs Lynne Chronister 543-4043 lchronis@uw.edu Sinh Simmons 685-7165 ssimmons@uw.edu Carol Rhodes 543-2139 carhodes@uw.edu Management Accounting and Analysis Michael Anthony 616-1379 mda1213@uw.edu Cristi Chapman 543-9985 cristic@uw.edu Brion Norton 543-8282 brionn@uw.edu Joe Nalley 543-1266 jwfn@uw.edu Devon Rosencrans 616-8490 devonr@uw.edu Management Accounting and Analysis A Division of Financial Management Within Finance and Facilities

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