The rates provided below are the maximum academic overhead rates allowed under our company’s policy. Any research contractor with an actual indirect cost rate lower than the maximum rate provided below should not increase the funding request to the maximum allowed.
Arigami Ltd. tackles human-centered problems primarily using the senses, and supports strong and effective partnerships across other research organizations including academic institutions. We believe in the greater value in optimizing and maximizing our resources, including research funding, bio-metric equipment and staff time, while building strong partnerships based on trust. We aim to structure research partnerships in a way that makes sense from a financial perspective while also funding research partners for the cost of delivering results efficiently, supported by open and honest dialogue about the resources required. As research proposals are developed, we try to gain a complete and accurate understanding of the total cost to execute the project efficiently and effectively.
We welcome partners to contact our company if they have questions about this policy. Our finance team can help clarify appropriate treatment of costs under the company’s policy. The spirit of this policy is to pay for expenses that are directly attributable to project outcomes and outputs as direct costs and expenses associated with general running of the business as indirect costs. Greater specificity on each category is described below:
Direct Costs: Direct costs are the expenses required to execute a research study that are directly attributable and can be reasonably allocated to the project. Program staff salaries, travel expenses, materials, and consultants required to execute the research study are examples. Costs that would not be incurred if the research study did not exist are often indicative of direct costs.
Indirect Costs: Indirect costs are general overhead and administration expenses that support the entire operations of an academic partner and that may be shared across projects. Examples include facilities expenses, e.g. rent, utilities, equipment for the grantee’s headquarters, and associated information systems and support and administrative staff such as HR, general finance, accounting, IT, and legal. Expenses that would be incurred regardless of whether the research study is funded are often indicative of indirect costs.
Indirect Cost Rate: Indirect Cost Rate = Budgeted Indirect costs/ Budgeted Total Direct Costs (e.g. personnel, sub‐awards, supplies, equipment, etc.)
The rates provided above are the maximum rates allowed under the company’s policy. A research partner or contractor with an actual indirect cost rate lower than the maximum rate provided above should not increase the funding request to the maximum allowed. The indirect cost rate in our research budget may vary up to the maximum percentages depending on factors including, but not limited to, the type of project, level of administrative effort required, cost structure of the grantee, overall grant size, and extent of sub‐awards or commodity purchases.