What is overhead charge?
Quote:"A common practice is to calculate an overhead charge as a percentage of thedirect costs of providing the services under the contract."source:http://www.unbc.ca/assets/policy/research/indirect_costs_and_overhead_charges_for_research_and_for_instructional_services_surpluses_2.pdfexplaining that overhead charge is describing the indirect cost that a contract causes to the delivering institution.
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