Small POs - Federal Funds
Barbara Gray 31 Jan 2006 13:20 EST
Has anyone developed an alternate method (that passes audit) to the
establishment of a standard grant/contract account when receiving very
small (<$1,500) P.O.s for analytical testing/monitoring services that
will be paid with Federal flow-thru funds? I have always been under the
impression that the OMB Circulars require separate accounting for each
of these requests, but because of the administrative burden, we're
wondering if there is an easier allowable way to account for such small
projects. Note we're a public non-profit.
Thanks.
Barbara
--
Barbara H. Gray
Director of Sponsored Research
Desert Research Institute
2215 Raggio Parkway
Reno, Nevada 89512-1095
Telephone: 775-673-7381
Fax: 775-673-7459
E-mail: xxxxxx@dri.edu
www.dri.edu
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