COURSE DESCRIPTION:

NHI 151048 is a 2.5-hour WBT that presents general cost principles, selected items of cost, and indirect cost plans (2CFR 225, fomerly OMB Circular A-87).

This Web-based training (WBT) course is one of a series designed as an introduction to FHWA planning and research grant administration. The series includes four independent WBTs that cover the history of FHWA planning and research grants, the Common Grant Rule, Cost Principles, and Audits:

FHWA-NHI-151046--FHWA Planning and Research Grants: History, Sources, and Regulations;

FHWA-NHI-151047--FHWA Planning and Research Grants: Common Grant Rule;

FHWA-NHI-151048--FHWA Planning and Research Grants: Cost Principles; and

FHWA-NHI-151049--FHWA Planning and Research Grants: Audits.

These WBTs are designed to complement FHWA-NHI-151021 Administration of FHWA Planning and Research Grants, a 2-day Instructor-led training course. They are not intended to replace NHI 151021.

OUTCOMES:

Upon completion of the course, participants will be able to:

• Identify basic cost principles
• Identify selected items of cost
• Explain the purpose of indirect cost plans

TARGET AUDIENCE:

The target audience includes FHWA, State Department of Transportation (State DOT), Metropolitan Planning Organization (MPO), and other agency staff who expend or administer Federal-aid funds, including planning, engineering, and fiscal staff.

If you have questions about this NHI training, please contact NHI at nhicustomerservice@dot.gov or 877.558.6873.