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Sponsored Project Cost Share: Difference between revisions
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Sponsored Project Cost Share (view source)
Revision as of 11:11, February 5, 2016
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*Cost sharing salary reduces the amount of salary eligible to be recovered from external sponsors. | *Cost sharing salary reduces the amount of salary eligible to be recovered from external sponsors. | ||
*Cost share commitments negatively impact negotiation of UNMC’s F&A rate. | *Cost share commitments negatively impact negotiation of UNMC’s F&A rate. | ||
The principal investigator is responsible for maintaining records of all project related costs, including cost share through the use of a | The principal investigator is responsible for maintaining records of all project related costs, including cost share through the use of a cost share companion account.<br /> | ||
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Per federal regulations ([http://www.whitehouse.gov/omb/circulars/a110/a110.html OMB Circular A-110], Subpart C. 23) cost sharing must be accounted for through university financial records. To identify, track and report cost share commitment on sponsored projects, UNMC uses three mechanisms: | Per federal regulations ([http://www.whitehouse.gov/omb/circulars/a110/a110.html OMB Circular A-110], Subpart C. 23) cost sharing must be accounted for through university financial records. To identify, track and report cost share commitment on sponsored projects, UNMC uses three mechanisms: | ||