Attachment to Memorandum 2005-18
COST ALLOCATION AGREEMENT
STATE AND LOCAL GOVERNMENTS
|STATE/LOCALITY:||DATE: May 17, 2005|
|State of Connecticut||FILING REF.: The preceding|
|Office of the State Comptroller||Agreement was dated 05/12/04|
|55 Elm Street|
|Hartford, CT 06106|
SECTION I: ALLOCATED COSTS
The central service costs listed in Exhibit A, attached, are approved on a FIXED basis and may be included as part of the costs of the State/local departments and agencies indicated during the fiscal year ended 06/30/05 for further allocation to Federal grants, contracts and other agreements performed at those departments and agencies.
SECTION II: BILLED COSTS
In addition to Section I, which provides for services furnished but not billed, the services listed below are furnished and billed to State/local departments and agencies.
SECTION III: CONDITIONS
The amounts approved in Section I and the billings for the services listed in Section II are subject to the following conditions:
FRINGE BENEFIT RATE
* The State of Connecticut uses a combination of direct identification and negotiated fringe benefit rates to claim fringe benefit costs. The fixed fringe benefit rate components, negotiated for each of the Retirement Systems (SERS, ARP, and Teachers), and for Unemployment Compensation, are listed below. Fringe benefit costs for Group Life Insurance, FICA-Social Security, FICA-Medicare, and Medical Insurance are directly identified by individual employee and are not part of the fringe benefit rates shown below.
|Rate Components||FYE 6/30/05|
|SERS Regular Employees||31.26%|
|SERS Hazardous Duty Employees||30.52%|
|Alternate Retirement Plan (ARP)||9.81%|
**Base: Salaries and wages of covered employees (See comments below, Notes 1 & 2).
Treatment of Fringe Benefits: Fringe benefits applicable to direct salaries and wages are treated as direct costs.
Fringe Benefit Rates: Fringe benefit rates are determined for Unemployment Compensation and each applicable Retirement System shown above. Each fringe benefit component is captured in the Statewide Accounting system using expenditure account codes. Fringe benefit rates are maintained on file by, and are available from, the State of Connecticut, Office of the State Comptroller.
Treatment of Paid Absences: Vacation, holiday, sick leave pay and other absences are included in salaries and wages and are claimed on grants, contracts and other agreements as a part of the normal costs for salaries and wages. Separate claims for the costs of these paid absences are not made.
|BY THE STATE/LOCALITY:||BY THE COGNIZANT AGENCY ON|
|BEHALF OF THE FEDERAL GOVERNMENT:|
|State of Connecticut||Department of Health and Human Services|
|Nancy Wyman||Robert I. Aaronson|
|State Comptroller||Director/Div. Of Cost Allocation|
|May 24, 2005||May 17, 2005|
|HHS Representative: Wing Mak|
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