By electing to use the 10% de minimis rate, the grant applicant certifies that it has never received a federally-negotiated, indirect cost rate for any federal awards. The grant applicant shall apply this rate to all of its federal grants, until such time as the agency chooses to negotiate for a rate. The grant applicant also understands that by electing to use this indirect cost rate, it will be subject to additional oversight verifying that the expenses allocated are allowable as governed by the applicable Federal program guidelines that govern the program. Please note, that you must complete the Modified Total Direct Cost (MTDC) Calculator located in the Detailed Budget Worksheet.