1. SAM
  2. TOC
  3. 8700
  4. 8755-1
  5. 8755-1-FEB-2015

DEPARTMENTAL PROCESS - 8755.1-FEB-2015

(Revised: 02/2015)

ach department receiving federal funds has the responsibility to:

  1. File an Indirect Cost Rate Proposal (ICRP), Cost Allocation Plan (CAP) and/or Public Assistance Cost Allocation Plan (PACAP) with the federal government. First, send the ICRP, and/or CAP, or PACAP to Finance, FSCU, for review and approval. SAM Section 8755.2 discusses ICRPs in detail.
  2. Recover full costs (including SWCAP recoveries).
  3. Transfer SWCAP recoveries to the General Fund within 30 days after the end of each quarter.

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