29. Losses resulting from other sponsored contracts or contracts. 50. Cancellation fees for sponsored contracts. 2. Application to sponsored agreements. Identification with sponsored work, not the type of goods and services in question, is the determining factor in distinguishing direct costs and f-A costs from sponsored agreements. Typical costs charged directly to a sponsored agreement are workers` compensation for the performance of work performed under the sponsored contract, including related incidental costs, to the extent that, in similar circumstances, they are systematically regarded by the institution as direct costs and not as research and development costs; the cost of materials consumed or consumed during the performance of the work; and other expenses resulting from the sponsored agreement, including exceptional consumption. The costs of materials provided from stocks or services provided by specialized agencies or other institutional services may be taken into account as direct costs of sponsored agreements, provided that, in similar circumstances, these items are systematically treated by the institution as direct costs and not as research and development costs and are billed using a recognized method of calculating actual costs and are consistent with the calculation of generally accepted costs.
which are followed consistently by the Institute. The purpose of this standard is to establish criteria for selecting periods to be used as costing periods for estimating, accumulating and reporting sponsored contract costs. This standard will reduce the impact of fluctuations in cost flows over each accounting period. In addition, objectivity, consistency and verifiability will be improved and consistency and comparability of cost measures covering sponsored contracts will be encouraged. These examples are not exhaustive and are not intended to imply that the direct perception of administrative or office salaries is always appropriate for the situations described in the examples. For example, examples would be appropriate where the costs of these activities are incurred in other circumstances, i.e., the anticipated actual activities are not identical to the actual activities normally included in the establishment`s establishments and administrative cost pools (AFs) or, if so, the indirect costs of activity at height are negligible. It would be inappropriate to attribute the cost of these activities directly to sponsored agreements if, in similar circumstances, the cost of implementing the same type of activity for other sponsored agreements was included in the institution`s research and development cost pools as the costs attributable.