East Carolina University April 20, 2010 © Huron Consulting Group Inc. All rights reserved. Neither Huron Consulting Group Inc. nor any of its affiliates is a CPA firm. © Huron Consulting Services LLC. All rights reserved. Agenda 1. Introduction 2. Background for Preparing a F&A Cost Rate Proposal 3. Overview of the F&A Cost Rate Proposal Process 4. Space Inventory 5. The F&A Cost Rate Proposal 6. Components of the F&A Cost Rate 7. Questions and Answers For additional information about the ECU F&A proposal process – Please contact Kathleen Hall, Office of Grants & Contracts, hallka@ecu.edu 2 © Huron Consulting Services LLC. All rights reserved. Current Status • ECU needs to submit its F&A cost rate to be submitted to the Division of Cost Allocation, Department of Health and Human Services by December 31, 2010. • Current negotiated rates: – Organized Research – Organized Research – Off Campus – Vicinity – Instruction – Other Sponsored Activities: © Huron Consulting Services LLC. All rights reserved. 43.5% 26.0% 27.7% 48.0% 43.5% Rate Goals/Objectives • What’s your rate and where does it need to be? • What is the rate impact? • What’s your effective recovery rate? • Will current costs support your current rate? • DCA rate thresholds (regional) • How many years? © Huron Consulting Services LLC. All rights reserved. Universities are Complex • Large very complex billion dollar organizations – Highly regulated – Highly competitive – Diverse priorities • Different types of businesses – Retail Operations – Landlords – Basic Research – Education – Health Care – Welfare agency (financial aid) – Banking – Professional and Amateur sports - not for profit • Sophisticated systems are needed to manage the business 5 © Huron Consulting Services LLC. All rights reserved. General Support Partners • Senior Management • The Players – – – – – – – – Provost/Dean VP for Finance VP for Research Director of Sponsored Programs Budget Committee Director of Facilities/Facilities Planning Director of IT Department Administrators – Top level support throughout the process is best practice – Proposal is challenging and timeconsuming—should be an institution-wide priority – Requires participation and input from all levels of the organization • Huron Consulting Group – – – – – – Space survey Final space review Calculate and Submit F&A cost rate proposal Provide Negotiation Assistance Periodic analysis during proposal preparation Additional resources 6 © Huron Consulting Services LLC. All rights reserved. Essential Data Elements for FY2010* • Financial – All financial activity by fund, org/dept, program, account, amount – Additional information – grant title, agency, F&A Rate, on/off campus designation – Financial statement classification • Payroll – Entire payroll activity by person, title, employee class, fund, org/dept, program, account, amount – FTE (if available) • Fixed Asset – Building/Infrastructure – bldg number/name, total cost, annual deprecation amount, fund, org/dept, sponsor – Equipment – asset tag, annual depreciation, fund, org/dept, room, sponsor • Space – Physical data – bldg number/name, dept number/name, room type code, room type, assignable square feet, floor plans 7 *sample list of requested data elements © Huron Consulting Services LLC. All rights reserved. Overview of the F&A Cost Rate Proposal Process April/May June - December Space Inventory Calculate F&A Cost Rate December 31, 2010 TBD ~ 6-9 months Submit F&A Cost Rate Negotiation • Space Inventory – Conduct interviews of personnel in research-intensive areas – Document and record results of space usage for research rooms – Obtain results of space survey on remaining rooms • Calculate and submit the F&A rate proposal – Gather data required; incorporate into cost model – Prepare draft F&A rate proposal – Review draft proposal with ECU management – Finalize and submit proposal 8 © Huron Consulting Services LLC. All rights reserved. Overview of the F&A Cost Rate Proposal Process April/May Space Inventory June - December December 31, 2010 TBD ~ 6-9 months Calculate F&A Cost Rate Submit F&A Cost Rate •Provide Negotiation and Audit Support – Prepare negotiation strategy – Prepare for DCA site visit, if necessary – Support the negotiation of F&A rates 9 © Huron Consulting Services LLC. All rights reserved. Negotiation What is the purpose of the study? • The space survey is used to help develop ECU’s facilities and administrative (F&A) cost rate proposal. • This rate is negotiated with the federal government and allows ECU to recover the costs associated with supporting the research mission. • The space survey classifies rooms based on the activities performed in the rooms. • Space surveys are used to allocate the following F&A costs to research, instruction, and other functions: –Operations and Maintenance (utilities, maintenance, etc.) –Building Depreciation –Interest –Equipment Depreciation 10 © Huron Consulting Services LLC. All rights reserved. The F&A Cost Rate “Let’s see now, what can I do to get this rate to what I think it should be.” © Huron Consulting Services LLC. All rights reserved. FACILITIES & ADMINISTRATIVE COST CALCULATION – OVERVIEW Cross Allocations F&A Cost Pools Allocation Bases Space Space Building and Equipment Depreciation Space Space MTC F&A Costs Allocated To Distribution Base Instruction and Departmental Research / MTDC Instruction and Departmental Research = % / MTDC Organized Research = % / MTDC Other Sponsored Activities = % Space Interest Operations and Maintenance General Administration Department Administration Sponsored Projects Administration Space MTC MTDC Organized Research Other Sponsored Activities F&A Cost Rates MTDC Pop/FTE Library1 Other Institutional Activities Instr Student Services2 © Huron Consulting Services LLC. All rights reserved. 1 Population including students/FTE of employees 2 Generally allocated to the Instruction function Facilities and Administrative Costs • Facilities costs: Relate to the space in which the awards take place. – Cost to Construct Building – Cost to operate building (ex- heat, power, custodial, repair, etc.) – Interest expense – Library – Equipment – Campus Infrastructure • Administrative costs: Include the expenses associated with the overall administration on campus as well as the costs of administering sponsored projects. – President’s Office – Legal – Human Resources – Sponsored Programs – Pre-award and Post-award Staff – Department Administrators – Financial Officers – Clerical and Support Staff – Data Management Professionals – Faculty Allowance Capped at 26% of MTDC (G.8) © Huron Consulting Services LLC. All rights reserved. Facilities and Administrative Costs • Facilities cost pools: – Building Depreciation – Interest Expense – Equipment Depreciation – Operations & Maintenance – Library • Administrative cost pools: – General Administration – Departmental Administration – Sponsored Projects Administration – Student Services Administration © Huron Consulting Services LLC. All rights reserved.