Categories: New York City
As we have shared previously, human services nonprofits are now able to begin the process of claiming their true indirect cost rates (ICR) on their NYC contracts.
Completing the Entryway Choice Form is the first step to begin the process of receiving your funding. Entryways will remain open until December 31, 2020.
If you have already submitted your Entryway Choice Form, please check your HHS Accelerator Document Vault for a pre-populated Delta Template and instructions to complete the next step in the ICR and funding claiming process.
UPCOMING JANUARY 31, 2020 DEADLINE
- The deadline to elect the Conditional ICR is January 31, 2020.
- About the Conditional ICR. If your organization is committed to establishing an ICR through a NICRA or Independent Accountant’s Report, but will not be ready with this documentation by June 30, 2020, the City is offering the Conditional ICR option. By claiming the Conditional ICR, Providers working to establish their ICR can elect a rate up to 12% for FY20 only. Once the organization’s Established ICR (determined by the NICRA or Independent Accountant’s Report) is approved by the City, that Approved ICR is applicable July 1, 2020.
- More information about the Conditional ICR. Available in the Cost Manual, Section II.E and Section VII (Frequently Asked Questions). To elect the Conditional ICR, please complete the Entryway Choice Form found here by January 31, 2020.