Cost Sharing on Sponsored Projects
description
Transcript of Cost Sharing on Sponsored Projects
Cost Sharing on Sponsored Projects
Sponsored Programs OfficeInnovation and Industry Engagement
Sponsored Programs Accounting
November 30, 2011
Presentation Overview
• Define
• Commitment
• Management
• Sample
• Wrap-up
Com
mitm
ent
Classifications
• Mandatory (M)
• Voluntary Committed (VC)
• Voluntary Uncommitted (VUC)
Types
• Direct Costs
• Facilities and Administrative Costs (F&A)
• External Third Party (In-kind)
Cost Share Practice
Regulatory Requirements
Approval• Participating Departments
Description
• Narrative/Budget Justification
Submit• Sponsored Programs Office
Proposal Commitments
Award Requirements
• Tracking/Reporting
• Confirmation
• PI Responsibility
Accepting Awards
Management
Direct Dollar (M & VC)
SPA Transfer
SPAIndex Set-
up
PI/DeptPaperwor
k
SPA Monitors
PI/Dept Manage
Third Party In-Kind (M & VC)
PIDocumentatio
n
SPATracks
SPAReports
Document
Document
Document!
Documents Needed• Transmittal
• Budget
• Cost Share Form
• Letters of support
across documents
BUDGET SHEET
COST SHARE FORM
BUDGET SHEET
COST SHARE FORM
BUDGET SHEET TRANSMITTAL SHEET
COST SHAREFORM
Give Us Your Feedback
Session Wrap-up
• Disclosure = Mandatory
• Complete Forms
• Verify Costs
• Monitor Account
• Communicate
Sponsored Programs Office487-2226
Lisa Jukkala, [email protected] Government Contracts/Training
Kim Codere, [email protected] Grants Analyst
Sponsored Programs Accounting487-2244
Tammy LaBissoniere, [email protected] Director