May 5, 2010. Specific statement of work Detailed financial accountability stated in terms and conditions and may include Line item budget Specific start.

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Presentation transcript:

May 5, 2010

Specific statement of work Detailed financial accountability stated in terms and conditions and may include Line item budget Specific start / stop time Requirement to return unexpended funds Requirement for regular financial reporting Salary / Wages for faculty and/or students including stipends

Disposition of properties stated in terms and conditions Tangible properties Equipment Records Technical reports Theses or dissertations Intangible property rights Rights in data Copyrights Inventions

Cost Sharing Commitment of university resources Contribution of tuition remission

No deliverables to the donor No specified period of performance No formal fiscal accountability other than summary report No F&A (indirect costs or overhead)

Review all documentation associated with the funding Statement of work or project description Proposal, letter of intent, or request for funding Budget Award letter All correspondence Complete the checklist for determining whether funding is support for a sponsored project or a gift

Government (federal, state or local level) Sponsored Project Individual Gift Neither Continue down the checklist

Statement of work Commitment to a specific project plan, as opposed to a general field of study or research area the commitment describes a specific line of scholarly inquiry such as testing of a hypothesis, experiments, model project, or defined set of deliverables Detailed line-item budget for work Commitment of percentage of effort Commitment of University resources Required cost share

Return of unexpended funds at end of designated period “Start” and “Stop” dates Detailed financial reporting beyond summary report of expenditures Line-item detail, percentages of effort, required cost share Terms and conditions for disposition of tangible property Equipment, records, technical reports, theses, dissertations, or other deliverables Terms and conditions for disposition of intangible property Intellectual property, rights in data, copyrights

Office of Sponsored Programs