--Apple-Mail=_F857B1FD-AF1A-4A95-887C-D896020B190F Content-Transfer-Encoding: quoted-printable Content-Type: text/plain; charset=utf-8 Hi Eve, The overhead is calculated as a portion of the total costs submitted in = the claim. We did not need to provide additional supporting = documentation to receive this. Thanks Meighen > On Aug 28, 2025, at 1:48=E2=80=AFPM, eve.malishevski@thekey.com wrote: >=20 > Good afternoon, Meighen. > =20 > We are reaching out to follow up regarding the government grant = payment received in July that was covered by claim submission #1 as we = are working on making sure it=E2=80=99s recorded correctly in the = accounting system. Unfortunately, we could not locate a schedule for the = overhead amount of $4,856.23. We can see overhead mentioned in Claim = Appendix but there is no supporting detail that would tie to $4,856.23 = in the attached archive. Can you please double check on your end when = you get a chance? > =20 > Below is the explanation we received from Tim regarding the total = amount received, and we can confirm amounts highlighted in green with = the attached support. However, we are still missing supporting = documentation for the overhead amount: > =20 > =20 > - TheKey claimed $20,887.01 in Direct Labor. > - To this $20,887.01, an Overhead portion of $4,856.23 is added, = bringing the total eligible amount to $25,743.24. > - Finally, their reimbursement rate is 25%, so $25,743.24 x 25% =3D = $6,435.81, which corresponds to the amount received through the 11R = disbursement. > =20 > =20 > Thank you so much for your help on this! > =20 > Kind regards, > Eve Malishevski > Assistant Manager, Audit & Financial Reporting | TheKey > Mobile: 305.528.8471 > =20 > > =20 > From: Timothy Thomas >=20 > Sent: Wednesday, August 27, 2025 10:35 AM > To: Eve Malishevski > > Subject: Fwd: envisAGE Project - Accounting Treatment > =20 > See attached.=20 > ---------- Forwarded message --------- > From: Meighen Fitzpatrick > > Date: Wed, Aug 27, 2025 at 9:28=E2=80=AFAM > Subject: Re: envisAGE Project - Accounting Treatment > To: Timothy Thomas > > =20 >=20 > =20 > Hi Tim, > =20 > Here are all the docs, let me know if you need anything else! > =20 > Meighen >=20 >=20 >> On Aug 21, 2025, at 4:33=E2=80=AFPM, Timothy Thomas > wrote: >> =20 >> Hi,=20 >> =20 >> Can you send me all the underlying documentation you submitted for = the grant reimbursement? >>=20 >> ---------- Forwarded message --------- >> From: > >> Date: Thu, Aug 21, 2025 at 4:27=E2=80=AFPM >> Subject: RE: envisAGE Project - Accounting Treatment >> To: Timothy Thomas > >> Cc: Lyndsey Organ >, >, Phuong Plazola >, Wethned Mertilien = >, = Adriana Mendez > >> =20 >>=20 >> Good afternoon, >> =20 >> This information is much appreciated, thank you, Tim! >> =20 >> If we could obtain supporting documentation for the overhead portion = of the claim #1 (Period Covered: Oct 1 - Dec 31, 2024) by the end of = next week, that would be perfect! >> =20 >> Thank you for confirming th