53% is both not particularly that high and not unusual. Keep in mind that in private industry, that stuff is built into the price. I've also seen the indirect r

53% is both not particularly that high and not unusual. Keep in mind that in private industry, that stuff is built into the price. I've also seen the indirect rates for several private research firms - they're higher. I think the telling thing is that, even at that rate, companies often find working with us to be cheaper than working with another industry partner. Our pricing just tends to spook people because it comes in a big chunk just labeled "Indirects" rather than snuck into all the other budget lines.