Does the funding include institutional overhead costs and indirect costs?

Does the funding include institutional overhead costs and indirect costs?
Yes, the maximum funding for each award includes direct costs, indirect costs and institutional overhead costs. Overhead is capped at 28% per Pfizer policy, and Pfizer will not pay overhead on indirect costs. Final budgets of those studies awarded a grant will be reviewed for fair market value in accordance with local policies and procedures before the contracting process begins. (top)

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institutionalcosts