Sponsored Project Cost Share: Difference between revisions

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* Necessary and reasonable to efficiently achieve the objectives of the program
* Necessary and reasonable to efficiently achieve the objectives of the program
*Incurred during the effective period of the award
*Incurred during the effective period of the award
See also per UNMC Policy No. 6100, [[Sponsored Programs Costing]].
See also UNMC Policy No. 6100, [[Sponsored Programs Costing]].
==Criteria for Determining Unallowable Cost Share Expenses==
==Criteria for Determining Unallowable Cost Share Expenses==
The following are examples of expenses which are not allowable as cost sharing:
The following are examples of expenses which are not allowable as cost sharing:
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*Resources committed as cost share for other projects
*Resources committed as cost share for other projects
*Expenses recovered through the Facilities and Administrative Costs (F&A) paid by the sponsor
*Expenses recovered through the Facilities and Administrative Costs (F&A) paid by the sponsor
*UNMC IBS Salary in excess of NIH salary limitation level (NIH Salary Cap)
*UNMC IBS Salary in excess of NIH salary limitation level (NIH Salary Cap) on NIH projects
 
See also UNMC Policy No. 6102, [[Institutional Base Salary]].
See also UNMC Policy No. 6100, [[Sponsored Programs Costing]]


*Federal funds unless approved by sponsor
*Federal funds unless approved by sponsor


Other unallowable expenses are detailed in UNMC Policy No. 6100, [[Sponsored Programs Costing]].
Other unallowable expenses are detailed in UNMC Policy No. 6100, [[Sponsored Programs Costing]].
== Definitions ==
== Definitions ==
'''''Cost Sharing''''' (also called matching) refers to the specific portion of the project or program costs not funded by the sponsor.  Cost sharing occurs when a cost specifically benefits a sponsored project but is not charged to the sponsor. Typically, cost sharing is a direct cost such as salary or equipment. If a sponsor limits F&A (indirect costs) eligible to be charged to a project, unrecovered F&A may be allowed as cost share if sponsor has approved. There are 3 types of cost sharing:           
'''''Cost Sharing''''' (also called matching) refers to the specific portion of the project or program costs not funded by the sponsor.  Cost sharing occurs when a cost specifically benefits a sponsored project but is not charged to the sponsor. Typically, cost sharing is a direct cost such as salary or equipment. If a sponsor limits F&A (indirect costs) eligible to be charged to a project, unrecovered F&A may be allowed as cost share if sponsor has approved. There are 3 types of cost sharing:           
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==Additional Information==
==Additional Information==
*[mailto:mhrncirik@unmc.edu Senior Manager, Financial Compliance and Cost Analysis]
*[mailto:mhrncirik@unmc.edu Senior Manager, Financial Compliance and Cost Analysis]
*[http://info.unmc.edu/management/finance/fincompliance/index.html Financial Compliance and Cost Analysis]
*[https://info.unmc.edu/management/finance/fincompliance/index.html Financial Compliance and Cost Analysis]
*[https://info.unmc.edu/management/finance/spaccounting/proc_for_cost_sharing__companion_accounts_ver4-1.pdf UNMC Procedures for Cost Sharing and Companion Accounts]
*[https://info.unmc.edu/management/finance/spaccounting/proc_for_cost_sharing__companion_accounts_ver4-1.pdf UNMC Procedures for Cost Sharing and Companion Accounts]
*[http://info.unmc.edu/media/spaccounting/inkind_contribution_form.pdf In-Kind (Third Party) Contribution Record Form] <br />
*[https://info.unmc.edu/management/finance/spaccounting/inkind_contribution_form.pdf In-Kind (Third Party) Contribution Record Form] <br />
*Office of Management and Budget’s (OMB) Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards or [https://www.ecfr.gov/current/title-2/subtitle-A/chapter-II/part-200/subpart-D/section-200.306 Uniform Guidance 2 CFR Part 200.306]
*Office of Management and Budget’s (OMB) Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards or [https://www.ecfr.gov/current/title-2/subtitle-A/chapter-II/part-200/subpart-D/section-200.306 Uniform Guidance 2 CFR Part 200.306]


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This page maintained by [mailto:dpanowic@unmc.edu dkp].