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

Facilities and Administrative (F&A) Costs are charged to externally sponsored awards, unless specifically prohibited by the funding agency. A percentage of F&A Costs recovered from sponsored projects ...

Procurement focus: Direct procurement concentrates on supply continuity, quality assurance, and cost reduction. Indirect procurement balances cost control with service levels and internal ...

Understanding Direct and Indirect Costs Direct Costs are expenses directly associated with a specific research project, including lab supplies, equipment, and project-related researcher salaries.