Nonprofit organizations receive and administer Federal and State funding from a vast array of sources. These organizations are subject to OMB Circular A-122, "Cost Principles for Non-Profit Organizations" and OMB Circular A-110, "Uniform Administrative Requirements for Grants and Agreements with Institutions of Higher Education, Hospitals, and Other Non-Profit Organizations".
Issues surrounding core service rates and cost recovery in general can present challenges to entities operating in a non-profit environment. In order to receive full and equitable indirect cost recovery, a not-for-profit is required to submit and negotiate an indirect rate with its cognizant agency usually on an annual basis.
ML Weekes has developed cost effective approaches to rate development and has the experience to identify areas to increase recovery of costs and obtain the most favorable terms.
Please click on the links below to learn more about our offerings.
Indirect Rate Preparation and Negotiation Support
Diagnostic Reviews of Allocation Methods
Effort Reporting System Reviews
Unallowable Cost Reviews
Policies and Procedures
Interpreting Relevant Public Laws and Procurement Regulations
Specialized Attestation, Agreed-Upon Procedures and Forensic Investigation