Understanding the difference between direct costs and indirect costs is crucial for anyone running a business. This knowledge ...

A federal judge on June 20 rejected the National Science Foundation’s move to cap indirect costs related to its research grants at 15%, following similar decisions by other courts. Most universities ...

Costs of labor can be categorized into two main categories, direct (production) and indirect (non-production) cost of labor. Direct costs include wages for the employees that produce a product ...

The NIH is implementing a standardized 15% indirect cost rate across all NIH grants, replacing the previous system of separately negotiated rates. The National Institutes of Health (NIH) provides ...