341 - Direct Costs

There is no universal rule for classifying certain costs (§200.412) either as direct or indirect costs. Because of differences among varied nonfederal entities and programs, it is essential that each item of cost be identified as either direct or indirect, and be treated consistently in like circumstances either as a direct or an indirect cost in order to avoid possible double-charging of federal awards. Direct costs (§200.413), in general, are costs that can be identified specifically with a particular federal award, or with another funded activity. The uniform guidance states that direct costs can be directly assigned relatively easily with a high degree of accuracy.… Read More