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

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Presentation on theme: "Cost Sharing on Sponsored Projects Sponsored Programs Office Innovation and Industry Engagement Sponsored Programs Accounting November 30, 2011."— Presentation transcript:

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

2 Presentation Overview Define Commitment Management Sample Wrap-up

3

4 Commitment

5 Classifications Mandatory (M) Voluntary Committed (VC) Voluntary Uncommitted (VUC)

6 Types Direct Costs Facilities and Administrative Costs (F&A) External Third Party (In-kind)

7 Cost Share Practice

8 Regulatory Requirements

9 Approval Participating Departments Description Narrative/Budget Justification Submit Sponsored Programs Office

10 Proposal Commitments Award Requirements

11 Tracking/Reporting Confirmation PI Responsibility Accepting Awards

12 Management

13 Direct Dollar (M & VC) SPA Transfer SPA Index Set- up PI/Dept Paperwork SPA Monitors PI/Dept Manage

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

15 Document Document!

16 Documents Needed Transmittal Budget Cost Share Form Letters of support

17 across documents

18

19 BUDGET SHEET COST SHARE FORM

20 BUDGET SHEET COST SHARE FORM

21 BUDGET SHEET TRANSMITTAL SHEET COST SHARE FORM

22 Give Us Your Feedback

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

24 Sponsored Programs Office 487-2226 Lisa Jukkala, lajukkal@mtu.edulajukkal@mtu.edu Manager Government Contracts/Training Kim Codere, kmcodere@mtu.edukmcodere@mtu.edu Senior Grants Analyst

25 Sponsored Programs Accounting 487-2244 Tammy LaBissoniere, tklabiss@mtu.edutklabiss@mtu.edu Associate Director


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