A Guide for UW-Madison Administrators & Faculty. Basics of the Cost Accounting Standards (CAS), OMB Circular A-21, and Cost Principles March 28, 2006
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Basics of theCost Accounting Standards (CAS),OMB Circular A-21, andCost Principles
March 28, 2006
Robert Andresen Carol HillmerAssistant Director, Post-Award Services Assistant Dean, Research Division Research and Sponsor Programs College of Agricultural and Life Sciences
OMB Circular A-21 Subsections C.10-14 impose 4 of the 19 standards on educational institutions:
Necessary Reasonable Allocable Allowable Consistently treated Permissible
At the time a proposal is being submitted, items which would normally be treated as F&A costs, may be included in the budget request as a CAS Exception. To do so:
When an exception was not properly identified and approved within the proposal at time of submission, an exception can be requested at time of occurrence during the award.
Research and Sponsored Programs Post-Award:Charles Hoffman 2-0253 firstname.lastname@example.org-Barbara Keenan 2-2588 email@example.com