During the budget development stage, accurate Institutional Base Salary (IBS) will be needed for all personnel identified to work on the project. Fringe Benefits should also be included in the budget. See the table below for the Federal and Non-Federal rates.
To ensure proposal budgets provide accurate estimates of actual costs, budgets may include projected rates developed by the office of Financial Planning and Analysis. These rates are estimates for budgeting purposes only and subject to change. The actual rate charged will be in accordance with the rate agreement and official rates set and approved by Financial Planning and Analysis. These projected rates should not be used for a proposal that may result in a federal contract or proposal submitted to the Department of Defense. If you would like to use these rates, please contact your ORA Applications team member who can provide you with the rates and answer questions.
Composite Fringe Benefit Rate Components by year:
