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** French to follow **

This message is sent on behalf of Serge Bergeron, Senior Director, Budget and Finance , Analysis, Planning and Budget and Lara Pereira, Controller, Financial Services

Dear Colleagues,

The overhead recovery fee currently being charged on actual revenues earned in non-1A unrestricted funds will remain at 7.5% in FY2025. This is unchanged from FY2024. The process for collecting and recording of this fee will continue to occur on a quarterly basis.

Classified as: Overhead Recovery Fee FY2025, non-1A unrestricted funds, 7.5%, end of a fiscal quarter, revenues earned in non-1A unrestricted, non-research-related funds (i.e. fund types 1B, 1C, 1D and 1E), 700694
Category:
Published on: 2 May 2024
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