Medical liability insurance costs shall be treated as a direct cost and shall be assigned to individual projects based on the manner in which insurer allocates the risk to the population covered by the insurance. When costs are incurred for medical malpractice insurance, these costs will be identified and reported using Form Q505, Questionnaire for Identifying Unallowable Costs . Cost of financial campaigns, endowment drives, solicitations of gifts and bequests incurred solely to raise capital or obtain contributions are unallowable. Also, costs incurred to enhance income from investments are unallowable. Expenses associated with fund raising are charged to OSU Foundation accounts.
Financial interest is unallowable with a few exceptions.
Debt obligations are monitored by Accounting Services. These costs are unallowable. Costs of meetings and conferences, when the primary purpose is the dissemination of technical information, are allowable. Expenses related to meetings and conferences for business purposes are treated as allowable direct costs. When these meetings do not meet the test of business purposes, their associated expenses must be identified as unallowable costs.