January 9, 2019
UCSB has received a new rate agreement from the DHHS. The agreement adds the negotiated composite benefit rates (CBR) to our existing negotiated indirect cost rate (IDC) agreement. The CBR have been approved for two fiscal years (FY 19 and FY20). The attached rate agreement may be provided, as needed, to sponsors as documentation of our CBR and IDC rates. Budget and Planning will be adding the rate agreement to the CBR website soon.