An Introduction to the New Indirect Cost Rate Requirements for Centers for Independent Living: October 7, 2015

The US Department of Health & Human Services sent notification to all Centers for Independent Living (July 2015) receiving federal funds that they would need to submit an indirect cost rate proposal instead of the cost allocation plans required by the US Department of Education. CIL-NET is coordinating this teleconference and webinar as the first-step in helping CILs prepare for the new requirements. Learn the basics of indirect cost rates, determine if your CIL will need an indirect cost rate, and what you can do now to prepare and simplify the process. This training is an overview of indirect cost rates and the new requirement for CILs. Future trainings will address the details of actually developing your CIL's indirect cost rate proposal. Upon completion of this webinar, participants will be able to: • Describe considerations in determining whether CILs need or would benefit from an indirect cost rate • Describe the process for determining whether CILs qualify for the new 10% de minimis indirect cost rate • Identify significant steps CILs can take to simplify their application for an indirect cost rate and ongoing communications to simplify the accounting process • Explain procedures that will be required to qualify for reimbursement of indirect costs