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<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal"><img width="786" height="145" id="Picture_x0020_1" src="cid:image001.jpg@01D59A31.152726A0" alt="A close up of a sign
Description automatically generated"><o:p></o:p></p>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal">Indirect costs (also known as IDC, F&A costs, or overhead costs) are those costs associated with the conduct of sponsored projects that are incurred for common or joint objectives and therefore are not readily identifiable with a specific
project.<o:p></o:p></p>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal">The University has a federally negotiated rate agreement that outlines the approved IDC rate for use in sponsored research, instruction and training, and other sponsored activities. To view the current rate agreement, click
<span style="color:#1F497D"><a href="http://www.cfo.pitt.edu/rca/ca_rateinfo.html">here</a></span>.<span style="color:#1F497D"><o:p></o:p></span></p>
<p class="MsoNormal"><span style="color:#1F497D"><o:p> </o:p></span></p>
<p class="MsoNormal">When establishing an award in MyFunding, it is important to select the correct ‘Indirect Cost Base Type’ to ensure that the IDC rate is applied correctly to all of the budget categories.<o:p></o:p></p>
<p class="MsoNormal"> <o:p></o:p></p>
<p class="MsoNormal">MyFunding has the following three ‘Indirect Cost Base Types’:<o:p></o:p></p>
<p class="MsoNormal"><o:p> </o:p></p>
<ol style="margin-top:0in" start="1" type="1">
<li class="MsoNormal" style="mso-list:l1 level1 lfo1">Modified Total Direct Costs (MTDC)<o:p></o:p></li><li class="MsoNormal" style="mso-list:l1 level1 lfo1">Total Direct Costs (TDC)<o:p></o:p></li><li class="MsoNormal" style="mso-list:l1 level1 lfo1">National Institutes of Health (NIH) Training Grant<o:p></o:p></li></ol>
<p class="MsoNormal" style="margin-left:.5in"><o:p> </o:p></p>
<p class="MsoNormal"><b><i>Please note: </i></b>The Indirect Cost Base Type impacts how IDC rates are applied to each subcode on the ‘Budget Reconciliation’ (formerly the Form 0202) page. Each Indirect Cost Base Type in MyFunding has been programmed in accordance
with the current rate agreement.<o:p></o:p></p>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal">To enter the ‘Cost Base Type’ on an award in MyFunding, follow the below steps:<o:p></o:p></p>
<p class="MsoNormal"><o:p> </o:p></p>
<ol style="margin-top:0in" start="1" type="1">
<li class="MsoNormal" style="mso-list:l0 level1 lfo2">Log into MyFunding at: <span style="color:#2E75B6;mso-style-textfill-fill-color:#2E75B6;mso-style-textfill-fill-alpha:100.0%">
<a href="http://www.peris.pitt.edu"><span style="color:#2E75B6;mso-style-textfill-fill-color:#2E75B6;mso-style-textfill-fill-alpha:100.0%">www.peris.pitt.edu</span></a></span><o:p></o:p></li></ol>
<p class="MsoNormal"><span style="color:#1F497D"><o:p> </o:p></span></p>
<ol style="margin-top:0in" start="2" type="1">
<li class="MsoNormal" style="mso-list:l0 level1 lfo2">Click on the ‘Awards’ tab on the top of the screen:<o:p></o:p></li></ol>
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<p class="MsoNormal"><span style="color:#1F497D"><o:p> </o:p></span></p>
<ol style="margin-top:0in" start="3" type="1">
<li class="MsoNormal" style="mso-list:l0 level1 lfo2">In the search box, enter the award number and click ‘Go’:<o:p></o:p></li></ol>
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<ol style="margin-top:0in" start="4" type="1">
<li class="MsoNormal" style="mso-list:l0 level1 lfo2">Click on the award ‘Name’ to access the award record:<o:p></o:p></li></ol>
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<p class="MsoNormal"><span style="color:#1F497D"><o:p> </o:p></span></p>
<ol style="margin-top:0in" start="5" type="1">
<li class="MsoNormal" style="mso-list:l0 level1 lfo2">Once in the award record click ‘Edit Award’:<o:p></o:p></li></ol>
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<p class="MsoNormal"><span style="color:#1F497D"><o:p> </o:p></span></p>
<ol style="margin-top:0in" start="6" type="1">
<li class="MsoNormal" style="mso-list:l0 level1 lfo2">Click ‘Jump To’ on the top of the screen, and go to the ‘Budget Allocations’ tab:<o:p></o:p></li></ol>
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<p class="MsoNormal"><span style="color:#1F497D"><o:p> </o:p></span></p>
<ol style="margin-top:0in" start="7" type="1">
<li class="MsoNormal" style="mso-list:l0 level1 lfo2">On the ‘Budget Allocations’ screen, locate the allocation to be updated and click ‘Update’:<o:p></o:p></li></ol>
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</v:shape><![endif]--><![if !vml]><span style="mso-ignore:vglayout;position:absolute;z-index:251664384;margin-left:58px;margin-top:66px;width:58px;height:30px"><img width="58" height="30" src="cid:image033.png@01D59A35.4C61CE00" v:shapes="Left_x0020_Arrow_x0020_12"></span><![endif]><span style="color:#1F497D"><img border="0" width="522" height="107" id="Picture_x0020_5" src="cid:image039.png@01D59A35.4C61CE00"></span><span style="color:#1F497D"><o:p></o:p></span></p>
<p class="MsoNormal"><span style="color:#1F497D"><o:p> </o:p></span></p>
<ol style="margin-top:0in" start="8" type="1">
<li class="MsoNormal" style="mso-list:l0 level1 lfo2">On the ‘Create or Edit Budget Allocation’ page, locate the ‘Indirect Cost Base Type’ field (#18):<o:p></o:p></li></ol>
<p class="MsoNormal"><span style="color:#1F497D"><img border="0" width="284" height="77" id="Picture_x0020_4" src="cid:image040.png@01D59A35.4C61CE00"></span><span style="color:#1F497D"><o:p></o:p></span></p>
<p class="MsoNormal"><span style="color:#1F497D"><o:p> </o:p></span></p>
<ol style="margin-top:0in" start="9" type="1">
<li class="MsoNormal" style="mso-list:l0 level1 lfo2">Click on the arrow next to ‘Indirect Cost Base Type’ to show the other types:<o:p></o:p></li></ol>
<p class="MsoNormal"><!--[if gte vml 1]><v:shape id="Left_x0020_Arrow_x0020_14" o:spid="_x0000_s1028" type="#_x0000_t75" style='position:absolute;margin-left:166.75pt;margin-top:16.6pt;width:43.5pt;height:22.5pt;z-index:251665408;visibility:visible;mso-width-percent:0;mso-height-percent:0;mso-wrap-distance-left:9pt;mso-wrap-distance-top:0;mso-wrap-distance-right:9pt;mso-wrap-distance-bottom:0;mso-position-horizontal:absolute;mso-position-horizontal-relative:margin;mso-position-vertical:absolute;mso-position-vertical-relative:text;mso-width-percent:0;mso-height-percent:0;mso-width-relative:margin;mso-height-relative:margin'>
<v:imagedata src="cid:image033.png@01D59A35.4C61CE00" o:title="" />
<o:lock v:ext="edit" aspectratio="f" />
<w:wrap anchorx="margin"/>
</v:shape><![endif]--><![if !vml]><span style="mso-ignore:vglayout;position:absolute;z-index:251665408;margin-left:222px;margin-top:23px;width:58px;height:30px"><img width="58" height="30" src="cid:image033.png@01D59A35.4C61CE00" v:shapes="Left_x0020_Arrow_x0020_14"></span><![endif]><span style="color:#1F497D"><img border="0" width="270" height="74" id="Picture_x0020_3" src="cid:image041.png@01D59A35.4C61CE00"></span><o:p></o:p></p>
<p class="MsoNormal"><o:p> </o:p></p>
<ol style="margin-top:0in" start="10" type="1">
<li class="MsoNormal" style="mso-list:l0 level1 lfo2">Select the ‘Indirect Cost Base Type’ appropriate for the award, and in accordance with the current
<span style="color:#2E75B6;mso-style-textfill-fill-color:#2E75B6;mso-style-textfill-fill-alpha:100.0%">
<a href="http://www.cfo.pitt.edu/rca/ca_rateinfo.html"><span style="color:#2E75B6;mso-style-textfill-fill-color:#2E75B6;mso-style-textfill-fill-alpha:100.0%">rate agreement</span></a></span>:<o:p></o:p></li></ol>
<p class="MsoNormal"><!--[if gte vml 1]><v:shape id="Left_x0020_Arrow_x0020_18" o:spid="_x0000_s1027" type="#_x0000_t75" style='position:absolute;margin-left:148.75pt;margin-top:12.7pt;width:43.5pt;height:22.5pt;z-index:251666432;visibility:visible;mso-width-percent:0;mso-height-percent:0;mso-wrap-distance-left:9pt;mso-wrap-distance-top:0;mso-wrap-distance-right:9pt;mso-wrap-distance-bottom:0;mso-position-horizontal:absolute;mso-position-horizontal-relative:margin;mso-position-vertical:absolute;mso-position-vertical-relative:text;mso-width-percent:0;mso-height-percent:0;mso-width-relative:margin;mso-height-relative:margin'>
<v:imagedata src="cid:image033.png@01D59A35.4C61CE00" o:title="" />
<o:lock v:ext="edit" aspectratio="f" />
<w:wrap anchorx="margin"/>
</v:shape><![endif]--><![if !vml]><span style="mso-ignore:vglayout;position:absolute;z-index:251666432;margin-left:198px;margin-top:17px;width:58px;height:30px"><img width="58" height="30" src="cid:image033.png@01D59A35.4C61CE00" v:shapes="Left_x0020_Arrow_x0020_18"></span><![endif]><span style="color:#1F497D"><img border="0" width="252" height="148" id="Picture_x0020_2" src="cid:image042.png@01D59A35.4C61CE00"></span><span style="color:#1F497D"><o:p></o:p></span></p>
<p class="MsoNormal"><span style="color:#1F497D"><o:p> </o:p></span></p>
<ol style="margin-top:0in" start="11" type="1">
<li class="MsoNormal" style="mso-list:l0 level1 lfo2">Click ‘Ok’ to save the information entered on the page:<o:p></o:p></li></ol>
<p class="MsoNormal"><!--[if gte vml 1]><v:shape id="Left_x0020_Arrow_x0020_20" o:spid="_x0000_s1026" type="#_x0000_t75" style='position:absolute;margin-left:450pt;margin-top:62.25pt;width:32.25pt;height:20.25pt;z-index:251667456;visibility:visible;mso-width-percent:0;mso-height-percent:0;mso-wrap-distance-left:9pt;mso-wrap-distance-top:0;mso-wrap-distance-right:9pt;mso-wrap-distance-bottom:0;mso-position-horizontal:absolute;mso-position-horizontal-relative:margin;mso-position-vertical:absolute;mso-position-vertical-relative:text;mso-width-percent:0;mso-height-percent:0;mso-width-relative:margin;mso-height-relative:margin'>
<v:imagedata src="cid:image043.png@01D59A35.4C61CE00" o:title="" />
<o:lock v:ext="edit" aspectratio="f" />
<w:wrap anchorx="margin"/>
</v:shape><![endif]--><![if !vml]><span style="mso-ignore:vglayout;position:absolute;z-index:251667456;margin-left:600px;margin-top:83px;width:43px;height:27px"><img width="43" height="27" src="cid:image043.png@01D59A35.4C61CE00" v:shapes="Left_x0020_Arrow_x0020_20"></span><![endif]><span style="color:#1F497D"><img border="0" width="636" height="116" id="Picture_x0020_11" src="cid:image044.png@01D59A35.4C61CE00"></span><span style="color:#1F497D"><o:p></o:p></span></p>
<p class="MsoNormal"><span style="color:#1F497D"><o:p> </o:p></span></p>
<p class="MsoNormal" style="margin-bottom:8.0pt;line-height:105%"><a name="_Hlk22294775"><span style="color:black">For any questions related to the PERIS™ project, using MyFunding<i>,
</i>or to arrange training, please email </span></a><a href="mailto:perisproject@pitt.edu"><span style="color:blue">perisproject@pitt.edu</span></a><span style="color:black">, or visit the
</span><a href="http://electronicresearch.pitt.edu/"><span style="color:blue">project website</span></a><span style="color:black"> for more information.</span><o:p></o:p></p>
<p class="MsoNormal" style="margin-bottom:8.0pt;line-height:105%"><span style="color:black">To sign-up for the PERIS ™ Listserv, please visit
</span><a href="https://list.pitt.edu/mailman/listinfo/peris-listserv"><span style="color:blue">https://list.pitt.edu/mailman/listinfo/peris-listserv</span></a><span style="color:black">.<o:p></o:p></span></p>
<p class="MsoNormal"><span style="color:black">To unsubscribe from the PERIS™ Listserv, please click
</span><a href="mailto:peristeam@pitt.edu?subject=Unsubscribe%20from%20PERIS%20Listserv"><span style="color:blue">here</span></a><span style="color:black">.</span><span style="color:#1F497D"><o:p></o:p></span></p>
<p class="MsoNormal"><o:p> </o:p></p>
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