- Proposal Preparation & Submission
- UFIRST
- Budgeting
- Salaries & Wages
- Administrative/Clerical Salaries
- Fringe Benefits
- Graduate Student Salary & Tuition Costs
- Other Direct Costs
- Participant Support Costs
- Subawards at the Time of Proposal Preparation
- Small Business Subcontracting Plan Information
- F&A Rates (Indirect Costs)
- Cost Sharing
- Cost Accounting Standards (CAS)
- Principal Investigator Eligibility
- Institutional Frequently Used Facts
- Proposal Electronic Systems
- Forms & Templates
Division of Sponsored Programs > Proposal Preparation & Submission > Budgeting > Cost Accounting Standards
Cost Principles, Cost Accounting Standards and CAS Exemptions
Cost Principles
The Uniform Guidance, codified at 2 CFR 200, issued by the Office of Management and Budget (OMB) includes revised cost principles for federal awards made on or after December 26, 2014.
Subpart E sets forth the standards that an allowable cost must be necessary reasonable, and allocable for the performance of the project or activity being supported by the federal award, subject to any special terms and conditions.
The University of Florida’s Cost Principles Policy and the Cost Principles Directives and Procedures are found on the General Counsel’s Regulations page under the Research section.
The University of Florida also requires Mandatory Training in Cost Principles (Course RSH260).
Cost Accounting Standards (CAS)
The Uniform Guidance incorporates the Cost Accounting Standards (CAS) 48 CFR 9905.501, 9905.502, 9905.505, 9905.506 which establishes the principles that costs will be consistently treated as a direct or indirect (F&A) costs. Additional information on the items of cost covered by CAS is posted at Charging Costs Directly or Indirectly to Federally Funded Sponsored Projects.
CAS Exemptions
Principal Investigators who believe circumstances of their federally funded project warrant a CAS Exemption that would allow direct charging costs that are normally treated as indirect (F&A) must submit a CAS Exemption request through UFIRST.
CAS and Non-Federal Sponsored Agreements
CAS Exemptions apply to federally funded awards. For non-Federal awards all costs that are reasonable, allocable and necessary for the performance of the project or activity being supported by the non-federal award may be direct charged, subject to any special terms and conditions.