2014 taaccct training and convening allowable costs
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2014 TAACCCT TRAINING AND CONVENING
Allowable Costs
U.S. DOL ETA 2014 TAACCCT TRAINING AND CONVENING
Cost shout out!
U.S. DOL ETA 2014 TAACCCT TRAINING AND CONVENING
Topics of the session: Definitions and Sources
Types of costs
Selected items of costs
U.S. DOL ETA 2014 TAACCCT TRAINING AND CONVENING
What are Cost Principles?Set of government-wide rules
Applicable to all Federal grants
Define conditions for charging costs Allowable & unallowable costs Direct , Shared & Indirect costs Descriptions
U.S. DOL ETA 2014 TAACCCT TRAINING AND CONVENING
What are Cost Principles?
Principles also discuss time distribution and allocation of personnel services
U.S. DOL ETA 2014 TAACCCT TRAINING AND CONVENING
Cost Principles 2 CFR 215 - OMB Circular A-21
Educational Institutions
2 CFR 225 - OMB Circular A-87 State/Local/Indian Tribes
2 CFR 230 - OMB Circular A-122 Non-Profit Organizations
48 CFR Part 31 Commercial Organizations
U.S. DOL ETA 2014 TAACCCT TRAINING AND CONVENING
Cost Principles Educational Institutions
States. Local Governments & Indian Tribes
Non-Profit Organizations
Commercial Organizations
COST PRINCIPLES
OMB A-212 CFR PART 215 & 220
OMB A-872 CFR PART 225
OMB A-1222 CFR PART 230
48 CFR 31
UNIFORM ADMINISTRATIVE REQUIREMENTS
DOL REGULATIONS
OMB A-1102 CFR PART 215
29 CFR 95
OMB A-102
29 CFR 97Common Rule
OMB A-110
29 CFR 95
29 CFR 95
AUDIT REQUIREMENTS
OMB A-133 OMB A-133 OMB A-133 29 CFR 96
U.S. DOL ETA 2014 TAACCCT TRAINING AND CONVENING
Other Regulations Uniform Administrative Standards
— 29 CFR 97— 29 CFR 95
WIA Regulations Grant Agreement SGA (Solicitation for Grant Applications) Employment Training and Guidance
Letters
U.S. DOL ETA 2014 TAACCCT TRAINING AND CONVENING
Standards for allowability of costs Found in circulars and Federal
regulations Apply to all costs charged to Federal
fundsCost must be reasonable,
necessary, allocable and to the benefit of the grant
U.S. DOL ETA 2014 TAACCCT TRAINING AND CONVENING
Standards for allowability of costsReasonable & Necessary
“proper & efficient” “prudent person theory”
Allocable Clearly benefit program Both direct & indirect costs
U.S. DOL ETA 2014 TAACCCT TRAINING AND CONVENING
Standards for allowability of costs
• Consistent with GAAP• Consistent with the rules • Consistent treatment across time• Cannot be used as match • Documented and traceable
Program regulations may have prohibited costs
20 CFR 668.340-35020 CFR 667.260-268
U.S. DOL ETA 2014 TAACCCT TRAINING AND CONVENING
Types of costs Allowable
Curriculum development, classroom supplies and equipment
Unallowable Entertainment, losses, fines and penalties,
contingency reserves
Allowable with conditions Memberships, pre award costs, interest costs
U.S. DOL ETA 2014 TAACCCT TRAINING AND CONVENING
Types of costs• If prior approval requirement exists
− Before incurring cost− Must be requested in writing− Must be approved
• Approval requests to Grant Officer
U.S. DOL ETA 2014 TAACCCT TRAINING AND CONVENING
Selected items of costsTAACCCT allowable activities
Hiring and/or training additional instructors or staff
Purchasing or upgrading classroom supplies and equipment
Cost associated with implementing changes in the time or scheduling of courses
Other
U.S. DOL ETA 2014 TAACCCT TRAINING AND CONVENING
Selected items of costsTAACCCT unallowable activities
Participants’ tuition, books, fees, and other personal expenditures (supportive services)
Incentive payments Participants’ wages Stipends for wage replacement of participants Purchase of real property Construction Supplanting
U.S. DOL ETA 2014 TAACCCT TRAINING AND CONVENING
300 baseball game tickets to giveaway at job fair?
U.S. DOL ETA 2014 TAACCCT TRAINING AND CONVENING
Entity paid for settlement on wrongful termination law suit
U.S. DOL ETA 2014 TAACCCT TRAINING AND CONVENING
Entity paid for settlement on wrongful termination law suit
U.S. DOL ETA 2014 TAACCCT TRAINING AND CONVENING
Question
U.S. DOL ETA 2014 TAACCCT TRAINING AND CONVENING
Training ResourcesFor additional training:
http://etareporting.workforce3one.org
For the Indirect cost determination guide:
http://www.dol.gov/oasam/programs/boc/costdeterminationguide/cdg.pdf
U.S. DOL ETA 2014 TAACCCT TRAINING AND CONVENING