The Business and Finance Policy Office announces updates to policy 22.7 Management and Accounting for Facility Use Agreements (FUAs) and Technical Testing Agreements (TTAs).
This policy has been updated to clarify the language in the final row of the table within procedural Step 1. The revised language explains the requirement to assess overhead to external customers (and the maximum allowable assessment rate) when the self-supporting activity sells to a mixed customer base.
Contact
For questions about the open comment period, please contact the University Accounting and Financial Reporting (UAFR) at uas@uillinoise.edu or Government Costing at obfsgovcosting@uillinois.edu.
