New RF Fee Structure
Effective January 1, 2005, the Research Foundation will be replacing the current 7.75% across-the-board administrative fee with a new set of rates. The new rates are an effort to more accurately reflect the true costs of RF services for each of the CUNY colleges. The new rate table is below, and be sure to read the full announcement at http://www.rfcuny.org/AboutRFWeb/feestructure.html for more information.
| Category | Rate |
|---|---|
| Construction | 10.00% |
| Personnel Services | 6.25% |
| Other Than Personnel Services | 5.00% |
| Subcontracts | 4.50% |
| Independent Contractors | 2.00% |
| Equipment Grants | 0.00% |