See comments. Chuck At 10:36 AM 2/27/2003 -0500, you wrote: >Chuck, >We have limited program use to the period of the parent grant. We apply >to it the same F&A rate as is used in the parent grant. Are you applying an F&A rate to the program income as you use it? This confuses me a little. We never have. It is not immediately obvious whether that is legal or not. All of us do impute F&A on our cost sharing; it just is in the University pool rather than the Research pool when F&A is calculated. But program income is essentially revenue derived as a result of using goods and services paid for by the grant, on which you have already claimed F&A. I'd like to hear others on this. >The university also has other revenue accounts that have not involved >sponsored programs (conferences, etc.) that charges an administrative >fee of 30%, higher than the usual F&A on such program-generating >projects >Question: After the grant period, is the university still required to >charge F&A at the rate in the parent award, or can it switch to the >negotiated rate or some other revenue account rate? Why should it be limited to the F&A rate? It is an administrative fee, not F&A, that's being charged. For that matter, the administrative rate being higher than the F&A rate sounds like your F&A rate (that's facilities and ADMINISTRATION) is too low, or you measure the administrative cost in F&A differently than in other areas, which might signify inconsistency. But I believe you have a short form F&A rate, so you are probably getting really shorted there. Of course if you switch rates in a way the faculty sees as mid-stream, you'll fail to make friends and influence people. >Janet > >******** >Janet M. Hahn, C.R.A. >Executive Director >Office of Sponsored Programs & Grants Management >Radford University >Radford, VA 24142-6926 > >tel: 540-831-5479 >fax: 540-831-6636 >xxxxxx@radford.edu www.radford.edu > > > >-----Original Message----- >From: Herbert B. Chermside [mailto:xxxxxx@VCU.EDU] >Sent: Thursday, February 27, 2003 10:21 AM >To: xxxxxx@HRINET.ORG >Subject: Re: [RESADM-L] Program Income Question > > >Program Income, per A-110 > >___.24 Program income. > > (a) Federal awarding agencies shall >apply the standards set forth in this section > in requiring recipient organizations to >account for program income related to > projects financed in whole or in part >with Federal funds. > > (b) Except as provided in paragraph (h) >below, program income earned during > the project period shall be retained by >the recipient and, in accordance with > Federal awarding agency regulations or >the terms and conditions of the award, > shall be used in one or more of the >ways listed in the following. > > (1) Added to funds committed >to the project by the Federal > awarding agency and recipient and >used to further eligible project or > program objectives. > > (2) Used to finance the >non-Federal share of the project or > program. > > (3) Deducted from the total >project or program allowable cost in > determining the net allowable >costs on which the Federal share of costs is based >++++ > >If option 1, consider "the project" the entire program, not just the >specific grant period. This allows you to use the program income to >continue the project without federal funds. This is one of the uses >envisioned when A-110 was drafted. This reflects agency, recipient and >Congresses intentions. "Grant period" was specifically not used in the >final wording. > >Chuck > > > >At 05:56 PM 2/26/2003 -0500, you wrote: > >Hi Folks, > > > >Got a quick question for the group... we have a Bureau of Health > >Professions training grant for which any program income is to be used > >for additional costs. What I would like to know is if the program > >income must be used during the term of the award or if we can use the > >program income to further the purposes of the award after it has > >expired. (We'd like to hold the income we're receiving now until the > >grant has expired so that we can keep the program running later.) > > > >I think I know the answer, but thought I'd check the collective wisdom > >out there. > > > >Thanks, > > > >Craig > > > >====================================================================== > >Instructions on how to use the RESADM-L Mailing List, including > >subscription information and a web-searchable archive, are available > >via our web site at http://www.hrinet.org (click on "Listserv Lists") > >====================================================================== > >Herbert B. Chermside, CRA >Director, Sponsored Programs Administration >Virginia Commonwealth University >PO BOX 980568 >Richmond, VA 23298-0568 >Express Delivery Only: > Biotech One, Suite 113 > Virginia Biotechnology Research Park > 800 East Leigh Street > Richmond, VA 23219 >Voice: 804-828-6772 >Fax 804-828-2521 >OFFICE e-mail xxxxxx@VCU.EDU >Personal e-mail xxxxxx@vcu.edu http://www.research.vcu.edu/ospa.htm > > >====================================================================== > Instructions on how to use the RESADM-L Mailing List, including >subscription information and a web-searchable archive, are available >via our web site at http://www.hrinet.org (click on "Listserv Lists") >====================================================================== > > >====================================================================== > Instructions on how to use the RESADM-L Mailing List, including > subscription information and a web-searchable archive, are available > via our web site at http://www.hrinet.org (click on "Listserv Lists") >====================================================================== Herbert B. Chermside, CRA Director, Sponsored Programs Administration Virginia Commonwealth University PO BOX 980568 Richmond, VA 23298-0568 Express Delivery Only: Biotech One, Suite 113 Virginia Biotechnology Research Park 800 East Leigh Street Richmond, VA 23219 Voice: 804-828-6772 Fax 804-828-2521 OFFICE e-mail xxxxxx@VCU.EDU Personal e-mail xxxxxx@vcu.edu http://www.research.vcu.edu/ospa.htm ====================================================================== Instructions on how to use the RESADM-L Mailing List, including subscription information and a web-searchable archive, are available via our web site at http://www.hrinet.org (click on "Listserv Lists") ======================================================================
