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Academic Support Activity (Activity) - A recharge or income activity within an academic unit or academic support unit that provides, at an approved rate and on a regular basis, goods or services to a specific group of users.
Steps 1-3 include the following topics Reasons you may need a new or modified rate Criteria for establishing a rate Defining the scope of your activity Identifying cost to include and not include in your rate Developing the Rate using the Rate Calculation Worksheet...
There may be many reasons why you would need to modify an existing rate or create a new one. The important thing is to remember that rates are based on current costs and conditions.
Now that youve identified the need for a new or modified rate, you need to start identifying the nature of the activity or service you are providing. What are the types of costs associated with the activity? *Rate Tip: Discuss the activity with the employees or managers directly involved.
Steps 4-6 include the following topics Preparing a proposal Sending required documents Contacts for proposal submissions Where to submit your proposal...
Brand New Rate? YES -then continue to prepare proposal Modified or Existing Rate? YES -jump to email documents Create a detailed explanation of the new activity and why it is required.
If annual revenue for the activity is greater than $15,000, Next: Step 6 Control Unit Submits to Rate and Recharge Committee If annual revenue for the activity is less than $15,000, Your Control Unit will inform you if the rate is approved or if more information is required.
If annual revenue exceeds $15,000, your Control Unit will review the rate items in your Rate Proposal. If approved, they will then forward the Rate Proposal to the Rate and Recharge Committee for approval.
