F&A Costs
F&A (Facilities and Administrative) costs are not necessarily tangible assets, but are those that are not immediately recognized and itemizable by all participants in the project or a given activity within the project. Recommendations for distribution and considerations of these costs are also covered.
Read more about this topic: OMB Circular A-21
Famous quotes containing the word costs:
“It costs you something to do good!”
—Zora Neale Hurston (1891–1960)