State’s Full Cost Recovery Policy. State’s Full Cost Recovery Policy. State of California’s full cost recovery policy is defined in: Government Code (GC) State Administrative Manual (SAM) Each State department will comply with the requirements.
State of California’s full cost recovery policy is defined in:
Each State department will comply with the requirements.
Government Code (GC) Section11010:
Authorizes full cost recovery and sharing of central service costs by special fund.
And . . .
State Administrative Manual (SAM) Sections:
State departments will . . .
And . . .
State departments will:
Additionally, for federal reimbursements follow:
Cost elements recovered under the full cost recovery policy are . . .
Direct costs include the actual cost of running the program . . .
Indirect costs include the State departments own overhead, which often are . . .
Plus . . .
Central service costs are:
Total direct costs plus the indirect costs should equal the full cost of running the programs of a State department.
Direct costs $ X,XXX
State department$ XXX
Pro Rata $ XX
SWCAP $ XX
Total costs $XX,XXX
State department billings to other entities or the federal government must include an ICRP rate, which includes: