EXHIBIT B-2

Calculation of Fringe Benefits, Overhead,
General & Administrative Expenses, and Profit Rates

 

 

To be filled out by Prime Contractor and Major Subcontractors (those who receive sub-awards valued at 25% of the WA or $100,000, whichever is less).

 

Organization name: University of California Office of the President, CIEE

 

Rates (percentages) for time intervals

covering the duration of the project

Fringe

Benefits

(FB)

Overhead

(OH)

General & Administrative

(GA)

Profit

(P)

Rates from  June 30, 2002 to March 31, 2006 (Estimate)

24%

20%

NA

NA

 

Instructions

Fringe Benefits

Overhead

(OH)

General & Administrative

List items included in fringe benefits, overhead and G&A, e.g.,

  vacation,

  retirement plan,

  telephone

  secretarial

  rent/lease,

  insurance, etc.

 

 

 

For example: OASDI, Medicare, Workers’ compensation, disability, unemployment insurance, retirement, life/health insurance, vacation, student fee remission (if applicable)

 

Institutional indirect costs are charged on Modified Total Direct Costs in accordance with allowable expenditures as defined in OMB Circular A-21

N/A

 

 

Expense Items in the

Budget Spreadsheets

Provide Formulas for Calculating Fully-Burdened Invoicing *

e.g.,  DL x (1 + OH + GA + P )

Direct labor (DL)

(DL x (1+FB)) x (1+OH)

Fringe benefits (FB)

Included in Direct labor formula

Travel and per diem (TR)

TR x (1+OH)

Equipment (EQ)

No burdens applied

Miscellaneous (MIS), includes materials and supplies)

MIS x (1+OH)

Subcontractors (SUB) **

No burdens applied if executed by UCOP/CIEE. SUB (1+OH) on 1st $25,000 of each subcontract if executed by the other Performing Institutions.

* Provide additional formulas for each expense item if they will change over the duration of the project.

** Prime Contractor profit not allowed on Subcontractor invoices.