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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