Indirect Cost Rate
Indirect Cost Rate is the agreed percentage applied to eligible project costs to cover shared institutional expenses that support the research environment, such as facilities, utilities, administrative support, and compliance infrastructure. In industry-sponsored projects, the indirect cost rate may be negotiated with the sponsor and documented in the budget and agreement. The rate affects total project cost, pricing, and how the research effort is resourced beyond direct expenses.
OceanWorks provides the expertise and support to accelerate your impact and expand your research capabilities.
Connecting your capabilities with companies actively seeking solutions.
Protecting innovations while maximizing commercial development potential.
Strengthening proposals that secure private-sector funding for your work.
Showcasing your expertise to attract relevant partnership opportunities.
Positioning your work effectively for productive industry conversations.
Structuring agreements that advance your research and career goals.
