Answer: The Organization is taking steps to improve indirect cost allocation as advised by the Department of Labor.
Trend: There is a growing emphasis on compliance with funder expectations regarding cost management.
List: Follow up on the implementation of suggested measures and monitor compliance progress.
Finding Text
The Organization is working to follow through with necessary measures and suggestions provided by the Department of Labor to successfully manage indirect cost allocation and comply with the funder’s expectations.
Corrective Action Plan
Finding 2023-002 – Equitable Allocation of Indirect Costs