Recipients and subrecipients that do not have a current Federal negotiated indirect cost rate (including provisional rate) may elect to charge a de minimis rate of up to 15 percent of modified total direct costs (MTDC).

The de minimis rate will be applied to Modified Total Direct Cost (MTDC). This base includes all direct salaries and wages, applicable fringe benefits, materials and supplies, services, travel, and up to the first $25,000 of each subaward (regardless of the period of performance of the subawards under the award).

Sep 11, 2024 · Today,U.S. Representatives Rosa DeLauro (CT-03), Earl Blumenauer (OR-03) and Tom Suozzi (NY-03) released a letter signed by 126 House Democrats calling on President Biden to use executive authority to end the dangerous de minimis loophole and protect Americans from its growing dangers.

To request the de minimis cost rate, submit a letter on agency letterhead stating that your organization does not have a preexisting approved indirect cost rate. An example letter is as follows:

Aug 11, 2019 · The de minimis rate approved will be applied to Modified Total Direct Cost (MTDC). This base includes all direct salaries and wages, applicable fringe benefits, materials and supplies, services, travel, and up to the first $25,000 of each subaward (regardless of the period of performance of the subawards under the award).

Alternatively, states, tribes and local governments may choose to take the 15% de minimis rate. If you need an acknowledgment letter and EDA is your Federal cognizant agency for indirect costs, you must send an email to DOI at [email protected] with the following: My name is _____ and I am with [name of organization].

Alternatively, states, tribes and local governments may choose to take the 10% de minimis rate. Obtaining your Acknowledgment Letter. If you need an acknowledgment letter and EDA is your Federal cognizant agency for indirect costs, you must send an email to DOI at [email protected] with the following:

The de minimis cap resolution should be used by those institutions that did not conduct a self-assessment but that require greater use of intraday credit than permitted under the exempt cap category.

5 days ago · The de minimis exemption is one of the most overlooked yet impactful trade policies affecting American manufacturing today. It allows imports valued under $800 to enter the U.S. duty-free and with minimal customs oversight, making it a major factor in the rise of e-commerce and direct-to-consumer sales from foreign companies.

May 16, 2018 · All you need to do is to send a letter on letterhead signed by an authorized signer from your organization to each of your federal funding sources stating that your organization is electing the 10 percent de minimis indirect rate.