Definitions for "MTDC"
Modified Total Direct Costs. Basic indirect costs are calculated on a subset of direct costs, normally excluding among other costs, equipment, patient care, space rental, alterations and renovations, and subcontract costs in excess of the first $25,000.
Modified Total Direct Cost
Modified Total Direct Costs. At PCC, the basic indirect costs are calculated on a subset of direct costs, normally excluding among other costs, Equipment, Capital Expenditures, Charges for Patient Care, Tuition Remission, Rental Costs for Off-Site Facilities, Scholarships and Fellowships, and sub-agreement costs in excess of the first $25,000.