Research Administrators Forum Marti Dunne Associate Vice Provost for Research Compliance and Administration
Objectives Today we will review: Types of Cost Sharing The dark side of Cost Sharing Audits Cost Sharing @ NYU – Sharing Experiences
Types of Cost Sharing Mandatory Voluntary Voluntary Committed Voluntary Uncommitted
What is the dark side of cost sharing? Statements in the proposal text can be construed as voluntary cost sharing commitments
Voluntary committed cost sharing Recorded in the financial system – An NYU account must be set up! Tracked Reported Factored into the calculation of the F&A rate
Cost Sharing isn’t just salaries Any other commitment in the proposal but not charged to the agency Supplies and Materials Contributed services from institutional centers Travel Equipment/instrumentation grants Maintenance
Why do your PI’s insist on cost sharing? Agencies don’t permit PI and key personnel to charge all of their time It “looks good” to the reviewers “You’re going to pay my salary anyway”
What if we are audited? Auditor reviews: Auditor interviews PI: Proposal Award Cost charged to the grant Progress Reports Other federal grants during the same time period Auditor interviews PI:
Cost Sharing @ NYU