Notes to SEFA
Title: 2
Accounting Policies: Expenditures reported on the schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement.
De Minimis Rate Used: Y
Rate Explanation: Primary Care Health Services, Inc. has elected to use a 10% de minimis indirect cost rate as allowed under the Uniform Guidance.
Summary of Significant Accounting Policy
Title: 3
Accounting Policies: Expenditures reported on the schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement.
De Minimis Rate Used: Y
Rate Explanation: Primary Care Health Services, Inc. has elected to use a 10% de minimis indirect cost rate as allowed under the Uniform Guidance.
Indirect Cost Rate