Bonnie,

Our office would set up a separate agreement (stating that our office retained 100% of ownership of any item purchased) and project number for tracking purposes.  We would put a note in our database that this project is tied to project X.

Panda Powell, CRA
Grants Compliance Administrator
Marshall University Research Corporation
401 11th Street, 14th Floor
Huntington, West Virginia  25701
Phone:  304-696-6676
Fax:  304-697-2770
e-mail:  xxxxxx@marshall.edu

-----Original Message-----
From: Research Administration List [mailto:xxxxxx@hrinet.org] On Behalf Of Bonnie Morton
Sent: Tuesday, March 31, 2009 10:53 AM
To: xxxxxx@hrinet.org
Subject: [RESADM-L] Banner System 3rd party cost-share

I would appreciate information from the Banner Users as to how you would
handle third party costshare cash.

We sent a proposal to a state agency which included $20,000 in costshare
from an external agency.  We received the award from the prime funding state
agency.  We would like to bring the costshare funding in so that we can
purchase the equipment and have 100% ownership of the equipment.  How do
you manage this funding (Additional Resources)?  One recommendation is to
set up a new grant for the costshare with an agreement from the third party.

I appreciate your comments.

Thanks,
Bonnie

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 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")
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