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What are MTDC and TDC?

April 26, 2017mtdc tdc

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What are MTDC and TDC?

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MTDC is Modified Total Direct Costs and is the base from which the indirect cost is calculated. It is the sum of all direct costs less a) Equipment in excess of $5,000: b) The portion of a subcontract in excess of $25,000; c) Tuition and d) Participant support. TDC is Total Direct Costs and is the sum of all direct costs. This is the base of calculation for all programs using less than the full indirect cost rate.