Orange County NC Website
y 3 : ORANGE coUNIY <br /> BOARD OF OCMMISSION"ERS Action Agenda <br /> AC IaON AGENDA ITEM ABSTRACT item Irks. <br /> MEETING DATE Fphruary 7, 1±183 <br /> Subject: Indirect Cost Plan <br /> Iapartrt _ Ea <br /> sst: r, , ( Public Hearing: yes no <br /> Attacnt(s : Information Contact <br /> Yes Finance Director <br /> Phone Number: 732-8181 ext. 496 <br /> pUFPCSE: To consider continuing a contract between Orange County and David M. Griffith <br /> and Associates, Ltd. for the preparation of the Indirect Cost Plan. <br /> NEED: In order to receive reimbursement of County funds expended to administer <br /> federal programs, Orange County is required by U. S. Office of Management <br /> and Budget Circular A-87 to have an indirect cost plan prepared and <br /> annually updated. Receipts from charging indirect costs during 1981.82 <br /> amounted to $56,000. Such return would not have been possible without <br /> the plan. <br /> IMPACT: Payment to David M. Griffith and Associates for preparation of the plan <br /> would be S8,000. Estimates secured by the Finance Director from other <br /> firms were in excess of the $8,000 fee. <br /> RECOMMENDATION(s): <br /> Approve renewal of contract. <br />