AGENCY: Department of Natural Resources. Division of Oil, Gas, and Mining
SERIES: 8619
TITLE: Accounting indirect cost negotiation agreement
DATES: 1980-
ARRANGEMENT: Chronological
DESCRIPTION: This is an agreement negotiated between the federal government and the division as to how indirect costs will be allocated for grant funding. It includes both the final agreement and the work papers.
RETENTION
Retain for 4 year(s) after superseded
DISPOSITION
Destroy.
RETENTION AND DISPOSITION AUTHORIZATION
These records are in Archives' permanent custody.
APPROVED: 08/1987
FORMAT MANAGEMENT
Paper: Retain in Office for 4 years after updated and then destroy.
APPRAISAL
Administrative Fiscal Legal
This record is fiscally important as it affects how federal money is spent. It should be kept as long as it is current and for four years after it is updated. The extra retention is to allow for later federal audits. If there were to be a dispute as to the allocation of indirect costs, then a copy of the agreement would be necessary.