Sponsored Programs Costing: Difference between revisions

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 == Definitions ==
 Uniform Guidance [https://www.ecfr.gov/cgi-bin/text-idx?SID=4f64d0f8f4a60493ef6b04a1737480ff&mc=true&node=se2.1.200_1403&rgn=div8 §200.403] provides the following general criteria for costs to be allowable on a federal award:<br />
- a)  Be necessary, reasonable, and allocable<br />
+a)  Be necessary, reasonable, and allocable<br />
- b)  Conform to applicable cost principles<br />
+b)  Conform to applicable cost principles<br />
- c)  Be consistent with policies and procedures that apply uniformly to both federal and non-federal awards<br />
+c)  Be consistent with policies and procedures that apply uniformly to both federal and non-federal awards<br />
- d)  Be accorded consistent treatment<br />
+d)  Be accorded consistent treatment<br />
- e)  Be determined in accordance with generally accepted accounting principles (GAAP)<br />
+e)  Be determined in accordance with generally accepted accounting principles (GAAP)<br />
- f)  Not be included on another award, as either a cost or to meet a cost-share requirements<br />
+f)  Not be included on another award, as either a cost or to meet a cost-share requirements<br />
- g)  Adequately documented<br />
+g)  Adequately documented<br />
 Uniform Guidance [https://www.ecfr.gov/cgi-bin/text-idx?SID=0d3801e083204d6d1c56e6b465e95e09&mc=true&node=pt2.1.200&rgn=div5#se2.1.200_1413 §200.413] provides the following general criteria for costs to be allowable on a federal award:<br /> states that direct costs should be able to be identified specifically for a particular project relatively easily with a high degree of accuracy.