Statewide Cost Allocation Plan (SWCAP)
The Department of Administration and Information, Budget Division prepares the Statewide Cost Allocation Plan and submits the plan to the U.S. Department of Health and Human Services for approval. A plan is prepared for each fiscal year.
State Agencies that are funded from state funds other than general and federal fund are also charged cost allocation.
All revenue received from indirect costs is deposited into the state general fund as revenue (revenue code 5604)
Copies of the current statewide cost allocation plan are available upon request from the budget division.
Agency Cost Allocation Rates
Agency cost allocation rates are prepared by the individual agency to be used after negotiation by the agency with their federal cognizant agency.
- Agencies with federal funds prepare an indirect cost rate proposal in accordance with OMB Circular A-87. A federal guide, Cost Principles and Procedures for Developing Cost Allocation Plans and Indirect Cost Rates for Agreements with the Federal Government, (ASMB C-10) is also available for guidance in preparing and agencys proposal. After preparation, the proposal is then forwarded to the budget division for review and approval.
- The rate proposal is submitted to the agency's federal cognizant agency for negotiation and approval.
- The cost allocation rate is applied against the approved base and the necessary payment is made to the general fund.
- Agencies with other state funds are charged an appropriate amount for their portion of the allocated statewide costs.
Section 1. Authority. W.S.9-2-1004(c)
BUDGET DIVISION; DUTIES; RECEIPT OF MONTHLY STATEMENTS OF INCOME, REVENUES AND EXPENDITURES OF STATE AGENCIES AND OFFICES; AUTHORITY TO CONTRACT; PURPOSES.
(c) The budget division, with the approval of the governor, may enter into contracts on behalf of the state of Wyoming with the federal government or any agency thereof for the purpose of initiating unified or joint letters of credit, simplified fund matching ratios, consolidated grants-in-aid, cost allocation programs, state audit of federally sponsored programs or any other practice that will allow the more effective, efficient and economical use of state and federal revenues.