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This workshop addresses the following details in order to provide a clear understanding of the definition, value, and importance of Indirect Costs.
Definitions of Direct Costs and Indirect Costs
Types of Indirect Cost Bases
Types of Indirect Cost Rates
Components and calculation of an Indirect Cost Rate
Determining the appropriate rate that should be used on a project
How cost sharing effects IDC
Common questions & potential pitfalls relating to IDC once a project is awarded