Issue Date: 1993-09-01
Revised Date: 2017-09-05

Legal Citations

Object Type

Cash — Other Revenue

Origin Date

September 1, 1993

Description

Indirect costs are those:

  • incurred for a common or joint purpose benefiting more than one cost objective; and
  • not readily assignable to cost objectives specifically benefited, without effort disproportionate to results achieved.

Indirect costs include expenditure for "overhead" services provided by other agencies and are a component of earned federal funds.

Due Date

Upon receipt of funds

Collecting Agencies

Note

This code does not include other earned federal funds (see revenue code 3702). This code does not include deposits of higher education, indirect costs earned on state, local and private funds (see revenue codes 3508, 3514, 3533).

USAS Values

Appropriation Year 25
USAS Title FEDL RECEIPTS-INDIRECT COST RECOVERIES
Receipt Category 14 – Other
Receipt Type 60 – Federal Receipts
Object Group 30 – Revenues
USAS Status A
Rev/Exp Category 03 – FEDERAL INCOME