Good morning,

I am trying to implement a residual policy.   For those who have the policy can you tell me do you apply this policy consistently to fixed agreements that are federal and nonfederal?   Is your main reason  for reviewing residual balances to ensure proper cost principles were used to build the budget? And, large residuals call into play  proper costing?  Finally, did time and effort affect your policy as large balances can indicate not properly charging the PI time and one could assume the effort for this project was charged to another grant/project

Thank you!

Teri Kocevar
Director
Sponsored Programs
CSU

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