B612 Indirect Cost Policy
January 1, 2016
Sponsored Research Agreements
While making grants or financially sponsoring research agreements to academic institutions or to non-B612 staff researchers is not part of our regular organizational practice, it does happen on occasion and those partnerships are generally referred to as a Sponsored Research Agreement (SRA).
Indirect Costs
In all SRA’s, indirect costs will come into question. Indirect costs are subject to payment limitations as defined in B612’s policy and can include such things as:
- Administrative staff such as an Executive Director/CEO, Director of Operations, or any other staff not specifically dedicated to the researcher
- Office or research space used by staff including costs of rent and utilities
- Universally used equipment such as copiers, phone systems, IT support, etc.
- Expenses associated with the management of the research project such as insurance, deliverable management and any necessary staff training
B612 Policy on Payment of Indirect Costs
Maximum indirect cost amounts payable by B612 shall not exceed 4% of the total payment as defined in a SRA or other such contract. B612 also reserves the right to request documentation or substantiation of any indirect costs claimed by the partner organization.