March 10, 1995
V. WAYNE KENNEDY
SENIOR VICE PRESIDENT--BUSINESS AND FINANCE
Delegation of Authority--Negotiation and Approval of Indirect Cost Rates
Effective immediately, the following authorities granted to the President under Section 100.4(m) and 100.4(dd) of the Standing Orders of The Regents are delegated to the Senior Vice President--Business and Finance:
This delegation supersedes the December 1, 1982 delegation of authority (DA 0748) to the Vice President--Financial and Business Management on this same subject.
The President's authority in Standing Order 100.4(m) to negotiate and approve indirect cost rates includes the authority to approve exceptions to the approved indirect cost rates determined under the provisions of Office of Management and Budget Circular No. A-21, and any successor publication thereto.
Within the authority delegated above, only the authority to approve exceptions to the
approved indirect cost rates determined under the provisions of Office and Management and Budget
Circular No. A-21 may be redelegated [Standing Order 100.4(m)]. All other
authorities granted to you in this delegation may not be redelegated. Any redelegation of the authority
to approve exceptions to the approved indirect cost rates shall be in writing with copies to the Special
Assistant--Coordination & Review, the General Counsel and Vice President for Legal Affairs, and the
Secretary of The Regents.
J. W. Peltason