Cost Sharing on Sponsored Projects Sponsored Programs Office Innovation and Industry Engagement Sponsored Programs Accounting November 30, 2011.

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Presentation transcript:

Cost Sharing on Sponsored Projects Sponsored Programs Office Innovation and Industry Engagement Sponsored Programs Accounting November 30, 2011

Presentation Overview Define Commitment Management Sample Wrap-up

Commitment

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 SPA Index Set- up PI/Dept Paperwork SPA Monitors PI/Dept Manage

Third Party In-Kind (M & VC) PI Documentation SPA Tracks SPA Reports

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 SHARE FORM

Give Us Your Feedback

Session Wrap-up Disclosure = Mandatory Complete Forms Verify Costs Monitor Account Communicate

Sponsored Programs Office Lisa Jukkala, Manager Government Contracts/Training Kim Codere, Senior Grants Analyst

Sponsored Programs Accounting Tammy LaBissoniere, Associate Director