Purpose for the Following Revised LLUH Research Policies:
Effective December 26, 2014, the rules related to federally-sponsored awards have changed. These modifications are due to the federal government’s efforts to more effectively focus federal resources on improving performance and outcomes while ensuring the financial integrity of taxpayer dollars. The federal government is referring to this effort as the Uniform Guidance (UG). The guidance supersedes the requirements of various OMB circulars, including OMB Circular A-21, Cost Principles for Educational Institutions, and OMB Circular A-110, Uniform Administrative Requirements for Grants and Agreements with Institutions of Higher Education, Hospitals, and Other Non-Profit Organizations.
Executive Summaries:
1. Closeout of Sponsored Projects and Procedure
- Title change from “Sponsored Project Closeout”
- UG revisions including updated terms and references to OMB circulars
- Specified PI is responsible for resolving fund deficits and disallowed costs within 60 days of project end date
- Added PI’s department chair/supervisor is responsible for settling unresolved PI deficits and disallowed costs within 90 days of project end date
2. Direct Costs on Sponsored Projects and Procedure
- Title change from “Charging Direct Costs to Sponsored Projects”
- UG revisions including updated terms and references to OMB circulars
- Removed content relating to compensation and labor (separate policy in development to address these topics)
- Charging computing devices as supplies added as potentially allowable
- Emphasis/clarification that the allowability of direct costs are unique to each sponsored project