Broad Agency Announcement ITC IPAC Atch 4 Cost Template Guide

R&D Proposal Budget Narrative and Justification Sheet

Purpose: A detailed budget with written justification will assist the review process - proposed support should directly enable the innovative & unique basic research proposed. Below are the recommend topics to address in your cost volume.

Note: If costs are not originally in U.S. Dollars, please include documentation of the costs (e.g., University/company salary and overhead rate tables) and the conversion rate used (e.g., screen capture of the dated 90-day average provided by websites such as www.xe.com). Please provide documentation for non-labor direct costs based on recent invoices or price quotations where possible.

Utilize the following exchange rates for the following:

Country
Monetary Unit
FY23 Presidential Rate
Japan
Yen
127.7677
Singapore
Dollar
1.3750
South Korea
Won
1,259.1031

Projects are typically 1-3 years in duration but may be up to 5 years total, typically structured in 12-month increments: a base period followed by up to (4) 12-month option periods. You may request a performance period different from the standard 12 months, but you must make a note of the proposed performance period basis. An electronic spreadsheet template can be provided. For each performance period beyond the first year, repeat the process described below.

Base Year (Year 1)

Personnel: briefly specify how the mix of personnel will achieve the objectives of the research. If salaries for a researcher are paid from a central fund and thus NOT requested from ITC IPAC, please still complete blocks (a) through (e) as estimated, but enter “0” (zero) in block (f) and include the following statement: “At my university, professor salaries are paid from a central fund. There is no need to charge labor to this project.” Please include a basis for the requested salaries. (e.g. University Salary Table) Please delete rows in the table below that do not apply. Please edit sections in red font and change to black when complete. Please attach the institution’s policy translated in English if fringe benefits (on-costs) are required. The salaries of administrative and clerical staff should normally be covered by indirect (F&A) costs per 2 CFR §200.413(c). If you need to request it as direct costs, you must justify why it is appropriate to be categorized as direct costs as considering following criteria per 2 CFR §200.413(c)(1) thru (4): Administrative or clerical services are integral to a project or activity;