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2021/10/13 Council Agenda Packet
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2021/10/13 Council Agenda Packet
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10/14/2021 2:36:23 PM
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Council Agenda Packet
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10/13/2021
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MODIFIED TOTAL DIRECT COSTS (MTDC) CERTIFICATION <br />Any non -Federal entity that does not have a current negotiated indirect cost rate may elect to charge a de <br />minimis rate of up to 10% of modified total direct costs (MTDC) which may be used indefinitely. If chosen, this <br />methodology once elected must be used consistently for all Federal awards. Costs must be consistently charged <br />as either direct or indirect costs. <br />Instructions: For local government and Tribal grantees, please have your auditor or chief financial officer <br />complete this certification. Nonprofit grantees may use their certified public accountant. <br />City of Everett <br />Agency/Organization Name <br />is electing to use the de minimis indirect rate of up to 10% of MTDC. <br />Modified Total Direct Cost Base of Grant <br />MTDC Base x 10% <br />By signing below, you certify that City of Everett does not have a current <br />Federally -approved indirect cost rate agreement or cost allocation plan and that the method used to determine <br />the modified total direct cost base meets the requirements of 2 CFR Part 200 — Uniform Administrative <br />Requirements, Cost Principles, and Audit Requirements for Federal Awards. Costs will be charged consistently <br />between all Federal awards. <br />N/A <br />Print name and title of person attesting this MTDC calculation meets federal requirements <br />Organization or Agency of person named above <br />Signature of person named above Date <br />Modified Total Direct Cost (MTDC) means all direct salaries and wages, applicable fringe benefits, materials and <br />supplies, services, travel and sub -awards and subcontracts up to the first $25,000 of each sub -award or <br />subcontract (regardless of the period of performance of the sub -awards and subcontracts under the award). <br />MTDC excludes equipment, capital expenditures, charges for patient care, rental costs, tuition remission, <br />scholarships and fellowships, participant support costs and the portion of each sub -award and subcontract in <br />excess of $25,000. <br />WA State STOP Formula Grant Program Renewal Application for FFY 2021 10 <br />
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