Facilities and Administrative Cost Recovery Expenditures

Major account code classification for the accumulation of facilities and administrative charges to restricted and plant funds based upon the term of the grant or contract. Entries for payroll, budget or accounting purposes may not be made to this account code.

For budget entry purposes only by the Grants and Contracts office (Construction Accounting for plant funds) at the MAU level.

Charge to recover the facilities and administrative costs associated with the grant. The cost is computed by applying the university's federally negotiated cost recovery rate to the grant's appropriate base costs.