<html xmlns:v="urn:schemas-microsoft-com:vml" xmlns:o="urn:schemas-microsoft-com:office:office" xmlns:w="urn:schemas-microsoft-com:office:word" xmlns:m="http://schemas.microsoft.com/office/2004/12/omml" xmlns="http://www.w3.org/TR/REC-html40"><head><META HTTP-EQUIV="Content-Type" CONTENT="text/html; charset=us-ascii"><meta name=Generator content="Microsoft Word 14 (filtered medium)"><style><!--
/* Font Definitions */
@font-face
{font-family:Calibri;
panose-1:2 15 5 2 2 2 4 3 2 4;}
@font-face
{font-family:"Monotype Corsiva";
panose-1:3 1 1 1 1 2 1 1 1 1;}
/* Style Definitions */
p.MsoNormal, li.MsoNormal, div.MsoNormal
{margin:0in;
margin-bottom:.0001pt;
font-size:11.0pt;
font-family:"Calibri","sans-serif";}
a:link, span.MsoHyperlink
{mso-style-priority:99;
color:blue;
text-decoration:underline;}
a:visited, span.MsoHyperlinkFollowed
{mso-style-priority:99;
color:purple;
text-decoration:underline;}
span.EmailStyle17
{mso-style-type:personal-compose;
font-family:"Calibri","sans-serif";
color:windowtext;}
.MsoChpDefault
{mso-style-type:export-only;
font-family:"Calibri","sans-serif";}
@page WordSection1
{size:8.5in 11.0in;
margin:1.0in 1.0in 1.0in 1.0in;}
div.WordSection1
{page:WordSection1;}
--></style><!--[if gte mso 9]><xml>
<o:shapedefaults v:ext="edit" spidmax="1026" />
</xml><![endif]--><!--[if gte mso 9]><xml>
<o:shapelayout v:ext="edit">
<o:idmap v:ext="edit" data="1" />
</o:shapelayout></xml><![endif]--></head><body lang=EN-US link=blue vlink=purple><div class=WordSection1><p class=MsoNormal><span style='color:#1F497D'>Dear CGR members,<o:p></o:p></span></p><p class=MsoNormal><span style='color:#1F497D'><o:p> </o:p></span></p><p class=MsoNormal><span style='color:#1F497D'>In investigating the cost of real estate for budget planning, I have found the following resources:<o:p></o:p></span></p><p class=MsoNormal><span style='color:#1F497D'><o:p> </o:p></span></p><p class=MsoNormal><u><span style='color:#1F497D'>Classroom</span></u><span style='color:#1F497D'>: Dallas = $146/square foot; Kansas City = $175/square foot<o:p></o:p></span></p><p class=MsoNormal><u><span style='color:#1F497D'>Laboratory</span></u><span style='color:#1F497D'>: Dallas = $156/square foot; Kansas City = $187/square foot <o:p></o:p></span></p><p class=MsoNormal><u><span style='color:#1F497D'>Student Union</span></u><span style='color:#1F497D'> (including restaurant space, <u>office space</u>, retail space and assembly space): Dallas = $134/square foot; Kansas City = $160/square foot<o:p></o:p></span></p><p class=MsoNormal><span style='color:#1F497D'><o:p> </o:p></span></p><p class=MsoNormal><span style='color:#1F497D'>“Cost Per Square Foot of Building Types by Region,” provided by EV Studio: Architecture, Engineering, Planning, dated May 2010, online at <a href="http://evstudio.info/cost-per-square-foot-of-college-building-types-by-region/">http://evstudio.info/cost-per-square-foot-of-college-building-types-by-region/</a>. <o:p></o:p></span></p><p class=MsoNormal><span style='color:#1F497D'><o:p> </o:p></span></p><p class=MsoNormal><span style='color:#1F497D'>The Presbyterian Health Foundation Conference Center rental rates for the <u>videoconference-capable</u> space are the following: $200/hr; $600/1/2 day; $1,000/day<o:p></o:p></span></p><p class=MsoNormal><span style='color:#1F497D'><a href="http://www.phfcc.com/facilities-executive.htm">http://www.phfcc.com/facilities-executive.htm</a><o:p></o:p></span></p><p class=MsoNormal><span style='color:#1F497D'><o:p> </o:p></span></p><p class=MsoNormal><span style='color:#1F497D'>Andrea Deaton, OU, said that they do not typically use space as an inkind matching cost, because the F&A costs should cover the cost of space. They use an average of $10/square foot cost on the OU campus for those budget requests for actual space. The College of Continuing Education leases property often, and they get an actual quote for cost of actual property that they want to lease. It must include all the attached services, such as utilities, custodial services, parking, etc. as applicable. <o:p></o:p></span></p><p class=MsoNormal><span style='color:#1F497D'><o:p> </o:p></span></p><p class=MsoNormal><span style='color:#1F497D'>A best practice for requesting funds for space will be to go to an actual space that you want to lease or purchase with grant funds, and get a current quote of cost from a realtor or owner. <o:p></o:p></span></p><p class=MsoNormal><span style='color:#1F497D'>A best practice for estimating the value of inkind support in the form of space is to be sure that space is not part of the negotiated F&A rate for your university. If you are sure that space is not included, or if you do not have a negotiated F&A rate, then use some of the information above in calculating the value of your space.<o:p></o:p></span></p><p class=MsoNormal><span style='color:#1F497D'><o:p> </o:p></span></p><p class=MsoNormal><span style='color:#1F497D'>I will be happy to help further in this quest for information! Just let me know. <o:p></o:p></span></p><p class=MsoNormal><span style='color:#1F497D'><o:p> </o:p></span></p><p class=MsoNormal><span style='color:#1F497D'><o:p> </o:p></span></p><p class=MsoNormal><b><span style='font-size:16.0pt;font-family:"Monotype Corsiva";color:#1F497D'>Linda Mason, Ed.D.</span></b><b><span style='font-size:16.0pt;font-family:"Monotype Corsiva";color:#1F497D'><o:p></o:p></span></b></p><p class=MsoNormal><span style='font-size:10.0pt;font-family:"Arial","sans-serif";color:#1F497D'>Coordinator of Grant Writing Assistance<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:10.0pt;font-family:"Arial","sans-serif";color:#1F497D'>Oklahoma State Regents for Higher Education<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:10.0pt;font-family:"Arial","sans-serif";color:#1F497D'>655 Research Parkway, Suite 200<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:10.0pt;font-family:"Arial","sans-serif";color:#1F497D'>Oklahoma City, OK 73104<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:10.0pt;font-family:"Arial","sans-serif";color:#1F497D'>405-225-9486<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:10.0pt;font-family:"Arial","sans-serif";color:#1F497D'>405-225-9230 FAX<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:10.0pt;font-family:"Arial","sans-serif";color:#1F497D'><a href="mailto:lmason@osrhe.edu">lmason@osrhe.edu</a><o:p></o:p></span></p><p class=MsoNormal><span style='font-size:10.0pt;font-family:"Arial","sans-serif";color:#1F497D'><a href="http://www.okhighered.org/grant-opps/">www.okhighered.org/grant-opps/</a><o:p></o:p></span></p><p class=MsoNormal><span style='color:#1F497D'><o:p> </o:p></span></p><p class=MsoNormal><o:p> </o:p></p><p class=MsoNormal><o:p> </o:p></p><p class=MsoNormal><b><span style='font-size:16.0pt;font-family:"Monotype Corsiva";color:#1F497D'>Linda Mason, Ed.D.<o:p></o:p></span></b></p><p class=MsoNormal><span style='font-size:10.0pt;font-family:"Arial","sans-serif";color:#1F497D'>Coordinator of Grant Writing Assistance<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:10.0pt;font-family:"Arial","sans-serif";color:#1F497D'>Oklahoma State Regents for Higher Education<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:10.0pt;font-family:"Arial","sans-serif";color:#1F497D'>655 Research Parkway, Suite 200<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:10.0pt;font-family:"Arial","sans-serif";color:#1F497D'>Oklahoma City, OK 73104<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:10.0pt;font-family:"Arial","sans-serif";color:#1F497D'>405-225-9486<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:10.0pt;font-family:"Arial","sans-serif";color:#1F497D'>405-225-9230 FAX<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:10.0pt;font-family:"Arial","sans-serif";color:#1F497D'>lmason@osrhe.edu<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:10.0pt;font-family:"Arial","sans-serif";color:#1F497D'>www.okhighered.org/grant-opps/<o:p></o:p></span></p><p class=MsoNormal><o:p> </o:p></p></div></body></html>