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Agreement No. 20230907 <br /> ARTICLE VII <br /> ALLOWABLE COSTS <br /> 7.1. Allowability of Costs;Cost Allocation Methods.The allowability of costs and cost allocation <br /> methods for work performed under this Agreement shall be determined in accordance with 2 CFR Part 200 <br /> Subpart E and Appendices III,IV,V,and VII. <br /> 7.2. Indirect Cost Rate Submission. <br /> (a) All grantees,except for Local Education Agencies(as defined in 34 CFR 77.1),must make <br /> an Indirect Cost Rate election in the Grantee Portal,even grantees that do not charge or expect to charge <br /> Indirect Costs. 44 III.Admin.Code 7000.420(e). <br /> (i) Waived and de minimis Indirect Cost Rate elections will remain in effect until <br /> the Grantee elects a different option. <br /> (b) Grantee must submit an Indirect Cost Rate Proposal in accordance with federal and <br /> State regulations, in a format prescribed by Grantor. For grantees who have never negotiated an Indirect <br /> Cost Rate before,the Indirect Cost Rate Proposal must be submitted for approval no later than three <br /> months after the effective date of the Award. For grantees who have previously negotiated an Indirect <br /> Cost Rate,the Indirect Cost Rate Proposal must be submitted for approval within 180 days of the <br /> Grantee's fiscal year end, as dictated in the applicable appendices,such as: <br /> (i) Appendix V and VII to 2 CFR Part 200 governs Indirect Cost Rate Proposals for <br /> state and local governments, <br /> (ii) Appendix III to 2 CFR Part 200 governs Indirect Cost Rate Proposals for public <br /> and private institutions of higher education, <br /> (iii) Appendix IV to 2 CFR Part 200 governs Indirect(F&A)Costs Identification and <br /> Assignment,and Rate Determination for Nonprofit Organizations,and <br /> (iv) Appendix V to 2 CFR Part 200 governs state/Local Governmentwide Central <br /> Service Cost Allocation Plans. <br /> (c) A grantee who has a current,applicable rate negotiated by a cognizant federal agency <br /> shall provide to Grantor a copy of its Indirect Cost Rate acceptance letter from the federal government <br /> and a copy of all documentation regarding the allocation methodology for costs used to negotiate that <br /> rate, e.g.,without limitation,the cost policy statement or disclosure narrative statement. Grantor will <br /> accept that Indirect Cost Rate,up to any statutory,rule-based or programmatic limit. <br /> (d) A grantee who does not have a current negotiated rate,may elect to charge a de <br /> minimis rate of 10%of modified total direct costs which may be used indefinitely.No documentation is <br /> required to justify the 10%de minimis Indirect Cost Rate.2 CFR 200.414(f). <br /> 7.3. Transfer of Costs.Cost transfers between Grants,whether as a means to compensate for cost <br /> overruns or for other reasons,are unallowable. 2 CFR 200.451. <br /> 7.4. Higher Education Cost Principles.The federal cost principles that apply to public and private <br /> institutions of higher education are set forth in 2 CFR Part 200 Subpart E and Appendix III. <br /> 7.5. Nonprofit Organizations Cost Principles.The federal cost principles that apply to Nonprofit <br /> State of Illinois <br /> GRANT AGREEMENT FISCAL YEAR 2023 1/18/22 <br /> Page 9 of 35 <br />