How is the NCAF calculated when only the total funding amount is listed on the funding document (the NCAF is not listed as a separate line item)?
Category: Contract Holder
The NCAF is extracted from the total funded amount listed on your funding modification. The formula is:
NCAF = Total * .65% (.0065) for CIO-SP3
NCAF = Total * .55% (.0055) for CIO-SP3 Small Business
Example: $500,000 Total funding
CIO-SP3: $500,000.00 ($500,000.00 * .0065) = $3,250.50 NCAF
CIO-SP3 Small Business: $500,000.00 – ($500,000.00 * .0055) = $2,750.00 NCAF