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Indirect Cost Recovery

The Association shall make a charge against the funds of each Business and Service project or affiliate, and against the Fee system, to recover the indirect costs which they impose upon the Operating Budget of the Association. The Senate shall adopt an appropriate Financial Policy providing for the calculation of such charges. No expenses in the part of the Operating Budget which are funded by the Operating Budget Allowance provided by the University shall be included in the calculation of such charge.

Mon May 9 17:09:02 PDT 1994