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Cost Sharing on Sponsored Projects. Sponsored Programs Office Innovation and Industry Engagement Sponsored Programs Accounting November 30, 2011. Presentation Overview. Define Commitment Management S ample Wrap-up. Commitment. Classifications. Mandatory (M) Voluntary Committed (VC)
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Cost Sharing on Sponsored Projects Sponsored Programs Office Innovation and Industry Engagement Sponsored Programs Accounting November 30, 2011
Presentation Overview • Define • Commitment • Management • Sample • Wrap-up
Classifications • Mandatory (M) • Voluntary Committed (VC) • Voluntary Uncommitted (VUC)
Types • Direct Costs • Facilities and Administrative Costs (F&A) • External Third Party (In-kind)
Proposal Commitments Award Requirements
Accepting Awards • Tracking/Reporting • Confirmation • PI Responsibility
Document Document Document!
Documents Needed • Transmittal • Budget • Cost Share Form • Letters of support
BUDGET SHEET COST SHARE FORM
BUDGET SHEET COST SHARE FORM
BUDGET SHEET TRANSMITTAL SHEET COST SHARE FORM
Session Wrap-up • Disclosure = Mandatory • Complete Forms • Verify Costs • Monitor Account • Communicate
Sponsored Programs Office487-2226 Lisa Jukkala, lajukkal@mtu.edu Manager Government Contracts/Training Kim Codere, kmcodere@mtu.edu Senior Grants Analyst
Sponsored Programs Accounting487-2244 Tammy LaBissoniere, tklabiss@mtu.edu Associate Director