We think you have liked this presentation. If you wish to download it, please recommend it to your friends in any social system. Share buttons are a little bit lower. Thank you!
Presentation is loading. Please wait.
Published byXiomara Prowse
Modified about 1 year ago
© 2014 University of New Hampshire. All rights reserved. Uniform Guidance Highlights What you really need to know
© 2014 University of New Hampshire. All rights reserved. Uniform Guidance (UG) OMB’s consolidation of circulars for costing, administration and audit of Federal awards 2 CFR 200 replaces 8 circulars and applies to universities, state and local governments, nonprofits, native tribes Effective largely on December 26, 2014 Each Federal agency will implement a slightly different version of the UG UG is still being interpreted and clarified
© 2014 University of New Hampshire. All rights reserved. Administrative and Clerical Salaries No real material changes Generally expected to be paid from indirect costs However, these costs may be direct charged when: Administrative or clerical services are “integral” to the project Individual is specifically identified Included in sponsor approved budget or other written approval Not also included as indirect cost
© 2014 University of New Hampshire. All rights reserved. Participant Support Costs Includes stipends, subsistence allowances, travel allowances and registration fees Must be explicitly included in your budget and excluded from the Modified Total Direct Cost (MTDC) base for calculating Facilities & Administrative (F&A) costs. Added burden of getting prior approval to transfer funds into or out of participant support costs.
© 2014 University of New Hampshire. All rights reserved. Computing Devices Computer devices under $5K can be direct charged if – They are “essential” and allocable to the project Necessary to acquire, store, analyze, process, and publish data and other information electronically Project does not have reasonable access to other devices or equipment that can achieve the same purpose Can’t be direct charged simply for convenience or preference Machines over $5K are equipment
© 2014 University of New Hampshire. All rights reserved. Short-term Visa Costs Short-term travel visa costs can be direct charged if clearly identified directly connected to work Usually used for field work in foreign locations or foreign visitors to campus Does not include costs for long-term, employment- related visas (e.g., J and H1-B visas)
© 2014 University of New Hampshire. All rights reserved. Subawards More prescriptive requirements Perform a risk assessment of the subrecipient Subaward vs. Vendor Establish a monitoring plan for the subrecipient Financial review Programmatic review! Must use subrecipient’s negotiated F&A rate or provide a 10% MTDC “de minimis” rate No fixed price awards permitted over $150K Prior agency approval required for fixed price subawards
© 2014 University of New Hampshire. All rights reserved. Post Award Internal Controls – requires us to have strong, internal controls. No More than $5K in materials remaining at the end of the grant. Implies closer scrutiny on overall spending in the last few months of the award – may need closer monitoring More emphasis on closeout “no later than 90 calendar days after the end date of the period of performance.”
© 2014 University of New Hampshire. All rights reserved. Purchasing All procurement between the micro-purchase level ($3K) and the Simplified Acquisition Threshold ($150K) must be competitive – for UNH ($3K - $35K) We do have some time – non federal entities will be given up to one full fiscal year after the effective date of the Uniform Guidance – for UNH – July 1, 2016.
© 2014 University of New Hampshire. All rights reserved. Summary Start using the Uniform Guidance for federal proposal budget submissions. The cost principles from OMB Circular A-21 have not changed. The rules governing the charging of administrative and clerical staff salaries have not materially changed, but must be explicitly included in your budget. Computing devices can be charged as supplies, but the rules governing their allowability and allocability have not changed. Participant support costs must be explicitly included in your budget and excluded from the Modified Total Direct Cost (MTDC) base for calculating Facilities & Administrative (F&A) costs. Subrecipients may use an F&A rate of 10% MTDC if they do not already have a Federally approved F&A rate. The effective date of the rules regarding procurement has been delayed to July 1, There will be more to come as Federal agencies implement the Uniform Guidance.
From Proposal to Closeout Understand the implications of poor budget planning Understand the rules governing budget management Understand the budget.
Documentation Transactions posted to sponsored funds Sponsored Programs Administration October 2012.
Discretionary Grant Application Constructing the Budget New Jersey Department of Education Office of Grants Management and Development.
FEDERAL GRANT MANAGEMENT Federal Programs New Directors Workshop March 11, 2013 WVDE Office of Federal Programs.
ALLOWABLE COSTS ON GRANTS February 2010 ASRSP Michael S. Daniels Jane F. Roy-Singh Sr. Associate Associate Director Controller.
UNIFORM ADMINISTRATIVE REQUIREMENTS, AUDIT REQUIREMENTS, AND COST PRINCIPLES 2 CFR CHAPTER 1, CHAPTER 2, PART 200, ET AL. Council on Financial Assistance.
1 NYU’s Compliance with A-21, Cost Principles for Educational Institutions Nancy Daneau, Office of Sponsored Programs Joanne Goldstein and Michael Miller,
State of Illinois Department of Human Services Secretary Michelle R.B. Saddler C OST P RINCIPLES AND A DMINISTRATIVE R EQUIREMENTS OF F EDERAL AND S TATE.
Overview of Accounting for Sponsored Projects Date Presenter Name Presenter Phone Number Presenter .
NSAA/NASC Joint Middle Management Conference April , 2006 INDIRECT COST PLANS Presented by Bob Antrim Director, MAXIMUS
1. 2 Intersection of Fiscal and Program Requirements Larry Fanning School Finance Specialist II STATE OF ALASKA Department of Education & Early Development.
Fiscal Requirements for Federal Programs New Federal Program Directors Workshop March 11, 2013.
Fiscal Requirements for Federal Programs NEW FEDERAL PROGRAMS DIRECTORS TRAINING November 15, 2011.
Slide 1 FastFacts Feature Presentation June 18, 2010 We are using audio during this session, so please dial in to our conference line… Phone number:
Purchasing & Travel Office of Post-Award Management.
Key Concepts for Senior Corps. Session Objectives Provide an opportunity for participants to network in program specific group Discuss key fiscal and.
Allowable Costs Division of Financial Services – Sponsored Programs November 2013.
Time and Effort Reporting Office of Superintendent of Public Instruction (OSPI) 3/1/2014.
1 Cost Principles Requirements of Federal and State Grants - Overview Carol A Kraus, CFO Department of Human Services June 1, 2010.
Grant Administration FY06 ERCM Initial Grantee Meeting San Antonio, TX December 7, 2006 Rich Lucey Education Program Specialist, U.S. Department of Education,
Threshold System Presented by Jan Stanley, State Title I Director Office of Assessment and Accountability Fall Title I Directors Conference October 23-25,
Prepared by Office of Sponsored Programs Spring 2011.
New Project Directors Orientation Presentation 4 Budgets, Reports, and Fiscal Management.
1 Contracting under the Federal Acquisition Regulation UNDERSTANDING THE FAR Julie T. Norris, Director Emeritus Office of Sponsored Programs Massachusetts.
American Reinvestment and Recovery Act (ARRA) Office of the Governor Criminal Justice Division.
Federal Grants Management Under the 21 st Century Community Learning Center Program September 12, 2006 NCPDI Michael Brustein, Esq.Brustein & Manasevit.
AICPA Governmental Audit Quality Center Conference Call January 28, 2009 Preparing for Your Single Audit: An Auditee Perspective Presented by : Joseph.
Federal Grants Financial Guidelines Illinois Criminal Justice Information Authority Office of General Counsel.
Financial and Grants Management Institute - March 18-20, Federal Grants Management for Fiscal Staff.
Indirect Costs CALS RESEARCH DIVISION April 24, 2008 Website: Meredith Luschen,
© 2016 SlidePlayer.com Inc. All rights reserved.