Common use of CARRY FORWARD AMOUNTS Clause in Contracts

CARRY FORWARD AMOUNTS. 1. The Office of Naval Research Negotiation Agreement dated June 29, 2022 established Fixed Fringe Benefits Rates with carry-forward provisions for Virginia Polytechnic Institute and State University’s fiscal year ending June 30, 2023. This negotiation agreement records on the final carry-forward amounts resulting from determination of actual costs for fiscal year 2023. These costs have been determined in accordance with the provisions of 2 CFR Part 200. ( ) denotes over-recovery. Regular Faculty ($412,474) Research Faculty ($729,704) Part Time Faculty ($31,105) Classified ($1,737,920) Wages $154,718 Graduate Student ($204,174) 2. The Fixed Fringe Benefits Rates set forth in Section I are inclusive of the final fiscal year 2023 carry-forward amounts shown above, which are liquidated in their entirety.

CARRY FORWARD AMOUNTS. 1. The Office of Naval Research Negotiation Agreement dated June 29August 5, 2022 2019 established Fixed Fringe Benefits Rates with carry-forward provisions for Virginia Polytechnic Institute and State University’s fiscal year ending June 30, 20232020. This negotiation agreement records agreement on the final carry-forward amounts resulting from determination of actual costs for fiscal year 20232020. These costs have been determined in accordance with the provisions of 2 CFR Part 200. ( ) denotes over-recovery. Regular Faculty ($412,474) 1,658,322 Research Faculty ($729,704894,185) Part Time Faculty ($31,10516,813) Classified ($1,737,920) 157,295 Wages $154,718 21,901 Graduate Student ($204,174135,292) 2. The Fixed Fringe Benefits Rates set forth in Section I are inclusive of the final fiscal year 2023 2020 carry-forward amounts shown above, which are liquidated in their entirety.

CARRY FORWARD AMOUNTS. 1. The Office of Naval Research Negotiation Agreement dated June 2918, 2022 2018 established Fixed Fringe Benefits Rates with carry-forward provisions for Virginia Polytechnic Institute and State University’s fiscal year ending June 30, 20232019. This negotiation agreement records agreement on the final carry-forward amounts resulting from determination of actual costs for fiscal year 20232019. These costs have been determined in accordance with the provisions of 2 CFR Part 200. ( ) denotes over-recovery. Regular Faculty ($412,4741,559,235) Research Faculty ($729,704) 17,465 Part Time Faculty ($31,10528,216) Classified $142,078 Wages ($1,737,92027,576) Wages $154,718 Graduate Student ($204,174945,612) 2. The Fixed Fringe Benefits Rates set forth in Section I are inclusive of the final fiscal year 2023 2019 carry-forward amounts shown above, which are liquidated in their entirety.

CARRY FORWARD AMOUNTS. 1. The Office of Naval Research Negotiation Agreement dated June 2920, 2022 2023 established Fixed Fringe Benefits Rates with carry-forward provisions for Virginia Polytechnic Institute and State University’s fiscal year ending June 30, 20232024. This negotiation agreement records on the final carry-forward amounts resulting from determination of actual costs for fiscal year 20232024. These costs have been determined in accordance with the provisions of 2 CFR Part 200. ( ) denotes over-recovery. Regular Faculty ($412,474) 512,500 Research Faculty ($729,704861,635) Part Time Faculty ($31,10513,637) Classified ($1,737,920285,425) Wages $154,718 93,710 Graduate Student ($204,17461,268) 2. The Fixed Fringe Benefits Rates set forth in Section I are inclusive of the final fiscal year 2023 2024 carry-forward amounts shown above, which are liquidated in their entirety.