Northeastern University Rate Agreement

You can search for multiple search engines such as EDGAR, Massachusetts Corporate Search, Melissa or Google. The Principal Investigator (PRINCIPAL INVESTIGATOR) is ultimately responsible for ensuring that the entire salary paid to the third-party funded project is equal to the employee`s project effort. The Principal Investigator is required to sign the report and return it to NU-RES in due course, where it will be stored for audit purposes. The link to our current collective agreement can be found in the box at the top right. Cost sharing is the portion of total project costs provided by Northeastern and/or other non-federal sources, but not reimbursed by the proponent. Northeastern does not promote cost-sharing commitments in funded research and will generally not provide academic resources for a project unless requested to do so by the proponent. For more information, see Northeastern University`s current fiscal year rate agreement on the Policies and Policies page. Please contact Dolliff & Co., Inc. for assistance with import/export issues.

You have a customs clearance for Northeastern and can help you with any of your shipments. Call Stuart Eldridge at 617-561-0900. To save time when ordering internationally, ask the sender to do these three things: (1) Send the shipment to Northeastern University; (2) notify Doliff & Co.; and (3) fax copies of shipping documents to Doliff $co. You are subject to fees associated with customs entry processing, usually a $125 entry fee, local shipping fee, and airline terminal fee. In some cases, there must be a bond (if the item is valued > $2000). Stuart Eldridge can help you with all of this. Note that you must use a northeast order for your trade. This process is only available to companies accredited by universities. A faculty buyback occurs when an effort is made during the academic semester (usually from September 1 to April 30) and loaded with a research grant or contract. Therefore, salaries for academic semesters cannot be increased in the rate or in the total amount of research conducted during the academic semester.

If a portion of a faculty member`s services is to be billed as project costs, it is expected that the faculty member will be released from equal or all of his or her usual teaching or other obligations. Federal proponents are closely examining cost transfers. Frequent or premature transfers leave the principal investigator open to questions about lax oversight or inappropriate use of allocation funds. Therefore, the lead auditor should frequently review account activity and identify unreasonable fees for an arbitral award in a timely manner. However, errors do occur. If you notice any errors in your account, you will need to fill out a journal voucher. Use the form to describe and justify the need for a potential cost transfer – a detailed overview can be found in the Cost Transfer Policy. It is not acceptable to ask for a transfer just to use the remaining funds for a premium that is about to expire. Generic descriptions such as “Due to administrative oversight” are not acceptable.

All cost transfers must be made within 90 days of the initial transaction. Exceptions should be discussed with the research administration and finance. The problem is under consideration, but approval is not guaranteed. Repeated requests for transfers may require a written action plan detailing procedures to ensure more accurate accounting. Financial Planning, Strategy and Analysis Office Banner Finance Request Cognos Access Request Form This is an internal control for NU-RES when reviewing external parties, so we need it whether or not there is a dollar amount associated with the contract/agreement. The percentage of the question and answer rate is applied to the modified base amount of the total direct cost of ownership (MTDC). The MTDC base excludes equipment, capital expenditures, patient care, rental costs, tuition waiver, scholarships and bursaries, participant support costs, and a portion of the lower price of more than $25,000. Please note that the marginal UN rate has been updated for ef22. The rate of full-time benefits has been revised to 25.5% as of 01.07.2021. This change will take effect in banners with messages from July 2021. All PDCS received by NU-RES Finance before July 7 will be recorded as a transaction on June 30, 2021 at the previous interest rate of 26%. Benefits are allowances and services that employers provide to their employees as compensation in addition to regular wages and salaries.

Benefits include, but are not limited to, the cost of vacation (vacation, family members, sick or military), employee insurance, pensions and unemployment insurance plans. Northeastern receives reimbursement for benefits paid to and on behalf of employees funded through projects sponsored by its federally negotiated benefit rates. Northeastern negotiates annually with the government on benefit rates, and these rates are applied based on the employee`s full-time or part-time status. Northeastern`s current benefit rates for full-time and part-time employees can be found here. Research sponsors may require NEU to share the costs of research projects. Therefore, cost-sharing is the portion of a project or program that is not reimbursed by the proponent. In some cases, benefits in kind may be considered as cost-sharing. Ensure that NEU has fulfilled its cost-sharing commitment made as a condition of an award. Cost-sharing expenses are recorded in a separate index or fund. Some proponents also require that NEW`s cost-sharing costs be included on all reimbursement invoices.

All federal cost-sharing agreements are legally binding and subject to audit, and failure to disclose the amount of the obligation could result in the return of procurement funds and/or the termination of the project. NEW finances overhead costs related to cost-sharing obligations. Please contact your grant officer or financial analyst if you have any questions or concerns. For more information and a copy of the updated collective agreement, please visit our website. Q&A stands for Facilities & Administrative Costs (sometimes referred to as IDC, Indirect Costs). These are the actual costs incurred by the university to support sponsored activities that cannot be easily and specifically identified for a project. The tariff used by Northeastern is negotiated with the federal government. This includes, but is not limited to, the costs of departmental and central administrative support, the use of buildings and equipment, and library services. If you are a Faculty or Staff Member from the Northeast or a student of the University of the Northeast and you are the person responsible for conducting the study(PI), you must obtain approval from the Northeastern IRB to conduct your research, regardless of where the research is taking place. Researchers should contact the IRB office if joint research is taking place.

Separate applications may be required for each institution; However, in order to avoid double examination, an IRB authorization agreement may be entered into with the other institution to establish an IRB as the designated IRB for the review and approval of the search […].