Modular Budget Calculations for Sample Grants.Gov Application

Modular Budget Calculations for Sample Grants.gov Application

Year 1

Budget Period: 07/01/2014-06/30/2015 Pitt Direct Costs (DC): $125,000 USC Consortium DC: $50,000 Pitt DC+USC DC: $175,000 (this figure should be entered into the “Direct Cost Less Consortium F&A)” box under A. Direct Costs USC Facilities &Administrative (F&A) Costs: $25,000 USC Total DC & F&A Costs: $75,000 (50,000 direct + 25,000 indirect)

TOTAL DIRECT COSTS (INCLUDES USC F&A): $200,000

MTDC Base: $150,000 (Pitt DC of $125,000 + $25,000 of USC Subaward allowed by our rate agreement; we need to exclude $50,000)

To calculate Pitt’s F&A costs: $150,000 x .54 = 81,000 (This should be entered into the “Funds Requested” Box under B. Indirect Costs).

Pitt Total Costs for Year 1 $281,000 ($81,000 added to Pitt’s total direct costs of $200,000—$125,000 +$75,000 total USC consortium costs). This amount will be auto-calculated and placed in the “Funds Requested” box in C, Total Direct and Indirect Costs (A + B).

Cognizant Agency Information: Info found on each year’s negotiated rate agreement with DHHS: DHHS, Steven Zuraf, (301) 492-4855.

Date of Rate Agreement: 06/13/2013 Modular Budget Calculations for Sample Grants.gov Application

Year 2

Budget Period: 07/01/2015-06/30/2016 Pitt Direct Costs (DC): $125,000 USC Consortium DC: $50,000 USC F&A Costs: $25,000 USC Total DC & F&A Costs: $75,000

Total Direct Costs: $200,000

MTDC Base: $125,000 (Pitt DC only—all of USC consortium excluded because $25,000 threshold reached in Year 1)

To calculate Pitt’s F&A costs: $125,000 x .54 = $67,500

Pitt Total Costs for Year 2 = $267,500 ($67,500 added to Pitt’s total direct costs of $200,000— $125,000+$75,000 total USC consortium costs)

Total Project Costs: 548,500 (281,000 Yr 1+267,500 Yr 2) This figure should be the same as on the SF 424 Cover Page.

Cognizant Agency Information: Info found on each year’s negotiated rate agreement with DHHS: DHHS, Steven Zuraf, (301) 492-4855. Date of Rate Agreement: 06/13/2013

Cumulative Budget Information: Auto-calculated from data entered for Years 1 and 2. These are the total costs for the entire project period.

Personnel Justification, Consortium Justification (if applicable) and Additional Narrative Justification (if applicable) are uploaded after the Cumulative Budget Information.