An amount used in estimating indirect-cost reimbursements of university facilities. It is determined not only by the amount a university spends in non-federal funds to build a new facility, but also by the cost of sustaining existing buildings. The current federally allowable use charge is two percent, based on the assumption that buildings have a 50-year life span.
Would you like information like this delivered to your email inbox? Subscribe to Tradeline Updates to keep abreast of the latest conference developments, industry news, best practices and more!