Notes to SEFA
Accounting Policies: The schedule of expenditures of federal awards is presented on the accrual basis of accounting. The information in the schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards.
De Minimis Rate Used: N
Rate Explanation: SCOR has elected not to use the 10% de minimis indirect cost rate allowed under Uniform Guidance.