IDENTIFICATION OF DIRECT AND FACILITIES & ADMINISTRATIVE COSTS UNDER SPONSORED AGREEMENTS

Costs attributable to sponsored agreements categorically include all:

• SALARIES & WAGES
• FRINGE BENEFITS
• TRAVEL
• SUPPLIES & MATERIALS
• EQUIPMENT
• OTHER DIRECT COSTS
• FACILITIES & ADMINISTRATION

Direct costs are charged as actually incurred to implement program objectives.

Salaries & Wages:

For salary personnel, Oakland allocates charges based on the effort

apportioned in accordance with the plan-confirmation methodology approved under

OMB Circular A-2I. Timecard personnel are charged as confirmed by supervisory

approval of the bi-weekly timesheet.

Fringe Benefits:

Allocated based on the salary/wages directly charged. Fringe

benefit rates are federally approved through the Department of Health and Human

Services as the cognizant agency.

Travel Expenses:

Direct charges as actually incurred. Oakland uses actual cost to

reimburse employee travel expense other than mileage.  Mileage reimbursements are

based on the federal per diem rate.

Supplies & Materials:

Direct charged as actually incurred.

Equipment:

Equipment is direct charged. The capitalization threshold for equipment is

$5,000 with a useful life of more than one year.

Other direct costs:

Other expenses are direct charged as actually incurred.

Facilities and Administration:  Oakland University has an approved Indirect Rate funding agreement established with the Department of Health and Human Services.

Oakland University maintains all records, documents, and other evidence to such extent and in such detail to properly segregate and reflect all costs, direct or indirect, of labor, materials, supplies and other costs for which payment is claimed under sponsored agreements. All financial records and documentation are maintained in a manner to meet federal cost allocation requirements per Office of Management and Budget Circular A-21, for universities.