Cost Sharing at Award Initiation
In accordance with the University Cost Sharing Policy, all mandatory or voluntary committed cost sharing and in-kind/matching must be consistently accounted for during the lifetime of the award. When an award arrives, ORPA will review the terms of the agreement for the cost sharing commitments required. Any changes in the proposed cost sharing commitments will be discussed with the PI and Department.
At award initiation, the following steps are taken in order to capture cost sharing commitments, as detailed in Cost Sharing in Awards Procedures:
- Department provides ORPA with any changes in the proposal Cost Share Commitment Detail Form along with the completed Cost Share Budget Detail Form.
- ORPA establishes a cost sharing Activity or Project if the F+A rate is different than the Award ID.
- Department requests all responsible source departments to transfer their share of funding as appropriate.