Greetings, NIFA PIs and Research Administrators.
A word about the 2018
Farm Bill, which was signed into law on December 21, 2018.
Besides authorizing USDA food and agricultural programs thru September 30, 2023, the Farm Bill updates and introduces new administrative rules and regulations.
Two such changes are having a direct impact on NIFA Proposals and New Awards, as follow:
1. New
Indirect Cost Recovery Limitations (NIFA Link):
UVM Impact:
In summary, when preparing proposal budgets, please calculate at both rates and
use the lesser of the two.
1.
The sum of the indirects budgeted by UVM and its subrecipients, with each institution using its own negotiated F&A rate.
2.
30% of Total Federal Funds Awarded (TFFA). This equates to 42.85% of Total Direct Costs.
When received as a new grant condition, adjustments will be made with SPA at time of award set-up.
If you need assistance with interpreting or calculating the correct indirect costs, please reach out to your
assigned SPA RA.
2. New
Matching Requirements (NIFA Link):
·
Be on alert for new matching requirements within NIFA’s competitive grants program. One change that has caught many off guard, including NIFA Grant Administrators, was the removal of the Land Grant exemption from
match requirements.
·
As a result, ALL grantees are subject to the match requirements as described in each NIFA Funding Opportunity.
·
For additional NIFA Guidance, see
Comparing Current and Past Matching Requirements.
UVM Impact:
When applying to a NIFA Funding Opportunity that contains a
required match, please contact your Department Chair as early in the process as possible to discuss, coordinate and determine if cost sharing will be made available.
If you need assistance with interpreting a match requirement, please reach out to your
assigned SPA RA
and/or the NIFA Program Officer.
·
For UVM Cost Sharing Guidance, please see SPA’s
Develop Budget, #19 Cost
Sharing.
·
Cost shared items typically follow the same federal criteria for being allowable, allocable, and reasonable costs that benefit the work being funded by the grant award and must be incurred within the award’s period
of performance.
Thank You,
Brian
Brian Prindle, MBA, CRA |
Executive Director
University of Vermont
Research Administration and Integrity
Office of the Vice President for Research
P: 802-656-1435 |
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