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Unallowable Cost Policy: Difference between revisions
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To establish guidelines for defining and identifying costs which are unallowable for reimbursement from the federal government and other extramural sponsors. | To establish guidelines for defining and identifying costs which are unallowable for reimbursement from the federal government and other extramural sponsors. | ||
== Definition == | == Definition == | ||
Unallowable costs are defined by UNMC a those expenses which are not reimbursable under the terms and conditions of federally sponsored agreements and/or those specifically identified as unallowable in | Unallowable costs are defined by UNMC a those expenses which are not reimbursable under the terms and conditions of federally sponsored agreements and/or those specifically identified as unallowable in Section J of OMB Circular A-21. In the event a discrepancy exists between the provisions of OMB Circular A-21 and those specified within the sponsored program, the program provisions will prevail. | ||
== Policy == | == Policy == | ||
The principal investigator is responsible for the management and administration of his/her individual award within the financial constraints outlined by the individual sponsor in the terms of the award and in accordance with UNMC's policy governing unallowable costs.<br /> | The principal investigator is responsible for the management and administration of his/her individual award within the financial constraints outlined by the individual sponsor in the terms of the award and in accordance with UNMC's policy governing unallowable costs.<br /> | ||