Indirect Costs Calculator

Calculate Indirect Costs (IC)



Formula

The formula to calculate the Indirect Costs (IC) is:

\[ IC = \frac{SOR}{100} \times DC \]

Where:

What are Indirect Costs?

Indirect costs are defined as project-related costs that cannot easily be identified for a particular project. In other words, these are the overhead costs of a project.

Example Calculation

Consider an example where:

Using the formula to calculate the Indirect Costs:

\[ IC = \frac{15}{100} \times 10000 = 1500 \]

This means that the indirect costs for this example are $1,500.