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NIH Subaccounts

NIH Subaccounts. Pamela A. Webb pwebb@umn.edu Tonya Knutson knuts055@umn.edu. New NIH Requirements. New DHHS requirement: be able to segregate letter of credit draws on an award-by-award basis

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NIH Subaccounts

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  1. NIH Subaccounts Pamela A. Webb pwebb@umn.edu Tonya Knutson knuts055@umn.edu

  2. New NIH Requirements • New DHHS requirement: be able to segregate letter of credit draws on an award-by-award basis • Removes ability to “pool” expenses and perform a U of Minnesota drawdown for all our awards at once • Enables the government to do award-by-award burn rate calculations (enhance ability to detect fraud, waste and abuse)

  3. What is Changing? Federal FY 14 • NIH issues competitive awards in “P” accounts • Each NIH competitive award (new or renewal) will get its own EFS CON number Federal FY15 • Each NIH non-competing award (except those in their final year) will be divided by NIH into two “mini” competitive segments • (1) “Start of original competitive segment – end of budget period awarded in FY14 • (2) “Type 4” - balance of original competitive segment • This mini-competitive segment will gets its own EFS Con Number.

  4. Practical Realities – Federal FY14 • New (Type 1) and Supplements (Type 3) • No change to departments • SFR must change billing practices for Type 1’s • Renewal (Type 2) • New EFS Con number • SFR must change billing practices • New subawards issued with new PO • Continuation (Type 5) • RPPRs still a “continuation progress report” • A Final FFR will be due at the end of this budget period • Subawards will show the end of FY14 budget period as the end date • A final invoice will be due 60 days after the budget period end date

  5. Practical Realities – Federal FY15 • New (Type 1) and Renewals (Type 2) • Same as FY14 • Continuation (Type 4) • NIH issues new mini-competitive segment corresponding to the remaining years originally expected, and assigns a new “P” account for the award • SFR must adjust billing practices for these awards • Continuation year will get a new EFS CON number • Subawards will be reissued for the remaining years in the segment (with a new PO number) • Supplement (Type 3) • Follows the continuation award

  6. Practical Realities - FY15 (continued) Carryforward between mini-segments • NIH will automatically carryforward unobligated $$ shown on the FFR from the first mini-segment to the second mini-segment BUT • If award requires carryover approval, PI must still make a request countersigned by SPA, and NIH will issue a new NOA authorizing that carryforward • No NIH NOA will be issued if carryover approval is not required. NIH adjusts PMS and SFR adjusts available balance in new CON # • Subrecipients will likely need to request carryover approval and UMN will approve it and increase subaward amount to reflect authorized amount.

  7. New Final Financial Report (FFR)Rules • Once an award is converted to a “P” account (in FY14 or FY 15), payment requests will be withheld pending agency approval if the FFR is submitted late (more than 90 days after the project period end date).

  8. More Information • NIH Guide Notice NOT-OD-13-120 • http://grants.nih.gov/grants/guide/notice-files/NOT-OD-13-120.html • Note, the timeline in Notice OD-13-120 supercedes that in NOT-OD-13-112 • NIH Payment FAQs • http://grants.nih.gov/grants/payment/faqs.htm • FDP Subaward Templates (coming soon)

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