LBCC OVERHEAD CHARGES
The grid below provides general guidance regarding overhead charges that should be included within contract and grant proposals. Add together the specified percentages for all services that your funded project would be utilizing.
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LBCC SERVICES |
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|
Amount
of Funding Requested |
Accounting |
Facilities |
Non-contracted Staff |
Contracted Staff |
Student
Services |
General |
Minimum/Maximum
Overhead Rate |
|
Under $100,000 |
5% |
5% |
3% |
5% |
3% |
4% |
9%-25% |
|
100,001- 500,000 |
4% |
4% |
3% |
5% |
3% |
3% |
8%-22% |
|
500,001- 1,000,000 |
3% |
3% |
2% |
5% |
3% |
2% |
7%-18% |
|
Over 1,000,000 |
2% |
2% |
2% |
5% |
3% |
2% |
5%-16% |
Contracts or grants that clearly don't include a particular set of services can exclude the corresponding overhead charges.Ý Further, overhead charges are negotiable by the Dean/Director within reasonable constraints.Ý Grants or contracts that fail to contain provisions for recovery of the minimum specified overhead will be subject to rigorous scrutiny.