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Service Center: Difference between revisions
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== Policy == | == Policy == | ||
Service centers can result in charges, directly or indirectly, to sponsored programs at UNMC. As a recipient of federal grants and contracts, UNMC must comply with cost principles and cost accounting standards promulgated by the federal government. | Service centers can result in charges, directly or indirectly, to sponsored programs at UNMC. As a recipient of federal grants and contracts, UNMC must comply with cost principles and cost accounting standards promulgated by the federal government. | ||
OMB Circular A-21: The Cost Principles for Educational Institutions are set forth in the Office of Management and Budget Circular A-21. Section J.47 of OMB Circular A-21 deals specifically with service centers and is explicit in the following two concepts: | |||
*recipients of federal funds are not to recover more than cost. | *recipients of federal funds are not to recover more than cost. | ||
*recipients are not to discriminate in the price of services charged to governmental and non-governmental users. | *recipients are not to discriminate in the price of services charged to governmental and non-governmental users. | ||
The principles provide for recognition of the full allocated costs of federal grants and contracts with no provision for profit or other increment above actual incurred, documented costs.<br /> | The principles provide for recognition of the full allocated costs of federal grants and contracts with no provision for profit or other increment above actual incurred, documented costs.<br /> | ||
<br /> | <br /> | ||
Service centers also must follow three additional regulations stated in the | Service centers also must follow three additional regulations stated in the A-133 Compliance Supplement (document page 3-B-39 & 3-B-40): | ||
*capital reserves (cash balance at fiscal year end) are not to be in excess of 60 days of annual expenses. | *capital reserves (cash balance at fiscal year end) are not to be in excess of 60 days of annual expenses. | ||
*billing rates must exclude unallowable costs (see Policy 6103). | *billing rates must exclude unallowable costs (see Policy 6103). | ||
*billing rates are to be developed based on actual costs and adjusted annually. | *billing rates are to be developed based on actual costs and adjusted annually. | ||
== Responsibilities == | == Responsibilities == | ||
The [http://info.unmc.edu/dept/fincompliance/ Department of Financial Compliance and Cost Analysis] (FCC) is responsible for reviewing service centers when there are more than $10,000 in federal charges within a fiscal year by a particular service center. FCC also must approve the use of depreciation in rate calculations for '''all''' service center that includes depreciation expense in their billing rate. | The [http://info.unmc.edu/dept/fincompliance/ Department of Financial Compliance and Cost Analysis] (FCC) is responsible for reviewing service centers when there are more than $10,000 in federal charges within a fiscal year by a particular service center. FCC also must approve the use of depreciation in rate calculations for '''all''' service center that includes depreciation expense in their billing rate. | ||