1. © Huron Consulting Group Inc. All Rights Reserved. Huron is a management consulting firm and not a CPA firm, and does not provide attest services, audits, or other engagements in accordance with the AICPA's Statements on Auditing Standards. Huron is not a law firm; it does not offer, and is not authorized to provide, legal advice or counseling in any jurisdiction. YOUR MISSION | OUR SOLUTIONS Efacs Demonstration and Presentation April 30, 2014

2. Introduction

3. Facilities & Administrative Cost Recovery Services Senior Leadership Carrie Hurney  Paul Nacon – Subject Matter Expert  Wendy Meister - Director  Margaret O’Donnell –Director (part-time)  Kari Kelly- Manager  Kevin Korinek - Manager  Darryl Lim - Manager  Patrick Muzin – Manager  Nicholas Schulte – Manager  Ben Bjorlo - Associate  Sherry Lu - Analyst  Aris Ringas - Analyst Jim Carter  Managing Director − 28 years of experience − 6 years at Huron  Senior Director − 16 years of experience − 11 years at Huron Functional Team 3 Successful negotiations at 10 of the top 30 research universities Technical Team  Riyaz Omran – Director  Ali Waqas– Associate  Naveen Vuppala- Associate

4. History of Efacs  Efacs now entering it’s fourth year of use Released version 1.0 in March 2011 Currently using version 2.2 –Includes O&M double stepdown –Includes Utility effective square footage allocation  Efacs is currently used by 30 institutions Submitted and negotiated in all regions Used by both ONR and DCA institutions  Efacs annual user’s conference Second annual user’s conference will be held May 21-22 nd in Chicago 4 © 2012 Huron Consulting Group. All Rights Reserved. Proprietary & Confidential.

5. efacs Overview Technology  The efacs solution offers a web based solution that can support concurrent users  The data miner query tool provides instant access to all data in the system  The efacs solution doesn’t require any client side software or plugins  Web access to the system makes efacs available from any computer  The efacs solution provides direct integration with university authentication systems  Huron provides robust and reliable hosting services and support through our SaaS offering  With efacs you get instant upgrade capabilities and a dedicated technical support team 5 © 2012 Huron Consulting Group. All Rights Reserved. Proprietary & Confidential. Payroll Data Financial Data Space Data Page Response Page Request Data Warehouse (Optional) Cost Share Data Data Request Data Response Relational Database Oracle, MySQL, DB2, SQL Server Computer Web & App. Server (Apache, Tomcat)

6. efacs Overview Functionality  Complies with A-21 methodology and the DCA review guide  Instantly displays new allocation results based on user defined changes  Permits the user to model different scenarios using the same source data  Provides a logical flow that follows the rate development process  Easy data load process using standard excel files  Allows the user to load multiple files at one time  Simplifies data standardization between data files uploaded to efacs  Allows the user to create custom queries for analysis  Streamlines standard format for submission of the F&A cost rate proposal  Allows the user to upload and store other file types (such as word documents) for easy inclusion in the final proposal download 6 © 2012 Huron Consulting Group. All Rights Reserved. Proprietary & Confidential.

7. System Demonstration

8. Demonstration Screen Shot -efacs TM © 2012 Huron Consulting Group. All Rights Reserved. Proprietary & Confidential. 8

9. Efacs pricing – discussion schedule 9 OutsourceSubscription SummaryHuron is responsible for the preparation,submission, and negotiation of the proposal. A subscription is a fixed length of time that provides access to efacs. The system resides on Huron servers. Hosting Fee$0 Annual Subscription cost $$ TrainingN/A$$ Training – on going cost N/A$250 per hour Technical and $200 functional

10. Efacs Space

11. Quick Overview Screen Shot –efacs TM Space © 2012 Huron Consulting Group. All Rights Reserved. Proprietary & Confidential. 11

12. Clients include: More than 95 of the top 100 research universities Nine of the top ten largest healthcare systems - ranked by Modern Healthcare Eight of the top ten largest Children’s hospitals Many of the premier academic medical centers © Huron Consulting Group Inc. All Rights Reserved. Huron is a management consulting firm and not a CPA firm, and does not provide attest services, audits, or other engagements in accordance with the AICPA's Statements on Auditing Standards. Huron is not a law firm; it does not offer, and is not authorized to provide, legal advice or counseling in any jurisdiction.