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Selection of a Firm for the Development of a Facilities and Administrative Cost Rate Program
11/1/2024
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Kent, Ohio
Kent State University
The buyer is seeking proposals from qualified firms to prepare, negotiate and defend a Facilities and Administrative (F&A) rate proposal. The proposal must be based on financial and statistical data for the fiscal year ending June 30, 2025. It must comply with Uniform Guidance 2 CFR 200.414. The buyer expects the vendor to take the lead role in preparing the F&A rate proposal. The final draft of the proposal is due by November 15, 2025.
- 10/14/2024 - RFP Issued
- 10/21/2024 - Deadline to Submit Questions
- 10/25/2024 - University Response to Vendor Questions
- 11/1/2024 - Proposal Due Date
- 12/15/2024 - Contract Award Announcement
- 1/1/2025 - Contract Inception
Refer to RFP
- Review existing financial system and accept information from Banner formats
- Provide detailed data requests for required information
- Complete a space survey including review of current space records
- Review depreciation computations and capitalization policies
- Complete calculations for F&A rate and review with University personnel
- Prepare all necessary documents for standard F&A submission package
- Submit F&A proposal to DHHS to negotiate F&A rates
- Review F&A rate calculation with University staff and senior management
- Negotiate with DHHS on behalf of the University