Section 117 reporting Kettner, Valrey (23 Jun 2020 16:15 EST)
Re: Section 117 reporting Mark Sweet (24 Jun 2020 08:18 EST)
Re: Section 117 reporting Watkins,Kathryn A (24 Jun 2020 09:55 EST)
Re: Section 117 reporting Jennifer Shambrook (24 Jun 2020 12:13 EST)

Section 117 reporting Kettner, Valrey 23 Jun 2020 16:15 EST

If your institution has reported a qualifying gift or contract in a prior calendar year, and that funded project for whatever reason does not get completed and funds are returned, do you then do a negative report to reflect that?  If you have a $1.5M contract with a foreign entity that is reported, but then the project stalls out and significant funds are returned (let's say $500K), is there any reason to report a negative $500K on the next reporting cyle?  I am thinking not, as a negative is not a gift received or contract entered in to...but I would love to hear others' thoughts.

Valrey V. Kettner
Associate Vice President/Sponsored Programs Administration
NORTH DAKOTA STATE UNIVERSITY
 
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