At least one of you has said that at the end of a fixed price contract you
take out the IDC (based on cash receipts, I assume) and transfer the balance
to another account to be used at the PI's discretion.  What do you do when the
PI wants to use these funds for a new research project?  Do you "double-dip"
and charge IDC on the new project or set it up with no IDC (and eat all the
overhead expenses associated with a new project)?

NEW ISSUE:  What about investment income on research accounts?  We used to
apply it to the specific research project (very useful for resolving deficits),
but administration recently decided to pool it into a central account to pay
for research related programs that will ostensibly benefit everyone (i.e.,
retreats, support for young investigators, etc.)  What do you think?

Tony Silbert
Grant & Contract Officer
Cedars-Sinai Medical Center
Los Angeles, CA

P.S. I haven't gotten a bit of work done since I subscribed to this thing
yesterday.