Int 0243-2024

Indirect costs of nonprofit city service contractors.

This bill would require the City Chief Procurement Officer and the Director of Management and Budget, or another officer or agency head designated by the mayor, to develop a methodology for calculating indirect costs, such as facilities or administrative costs, associated with providing human services pursuant to city contracts. The methodology would provide for a minimum indirect cost reimbursement rate of 20 percent. Human service providers may alternatively choose to use a federally approved “NICRA” rate, or another indirect cost rate issued by an approved entity. The Office of Not-for-profit Organizations Services would be required to post the relevant methodology and related materials on their website. Contracting agencies would be required to reimburse indirect costs incurred by covered city service contractors in accordance with the required methodology.

Introduced By

JL

D

Justin L. Brannan

Co-Sponsors (5)

FN

D

Farah N. Louis

LR

D

Lincoln Restler

JW

D

Julie Won

DI

D

Diana I. Ayala

CH

D

Crystal Hudson