Software Central Cost Recovery

Software Central has been approved by the UCLA Policy Committee on Sales and Services Activities and Service Enterprises to serve the UCLA campus as a self-supporting recharge unit.  Per UCLA Policy 340 , as a self-supporting recharge unit, Software Central is required to operate under the principle of full cost recovery and recover both direct and indirect costs. Software Central’s indirect costs to negotiate, acquire, implement, distribute, manage and support UCLA’s campus-wide software agreements for the fiscal year 2013-14 totaled to ~$6m. These indirect costs are recovered from the financial savings generated by the agreements we manage. After recovery of indirect costs, the resulting campus-wide savings from all agreements totaled to $5,633,255.88. Software Central’s indirect costs are ~6% of the savings achieved by these agreements.