Re[2]: Cost sharing MDaniel@xxxxxx 12 Aug 1999 13:04 EST
Thanks, Greg and others, for confirming my gut feelings that cost-sharing is a REAL obligation. I appreciate having a chance to get this sort of feedback from others. Greg's mention of renegotiating the budget reminded me that this was the FIRST thing that the project director and I worked on accomplishing. The budget had included a fanciful amount for an in-kind contribution (for equipment use, not the equipment itself) which far exceeded reality, or even A-110, for that matter! We submitted a revised budget and requested approval for it to be accepted as the budget of record. The funding agency did not object to the reduced dollar-amount in the cost-sharing box but emphasized that their primary concern was that it did not reflect a "reduced level of effort" in the project. We would have had a difficult time explaining to the auditors just where the dollars were coming from if we had been locked into operating with that first budget. Molly ____________________Reply Separator____________________ Subject: Re: Cost sharing Author: gschmidt <xxxxxx@FAMU.EDU> Date: 08/12/99 6:31 PM If you propose and they accept, you're obligated. It is a lot like a contract in that regard. The worst is that it can be an oblique offer on your PI's part. You do not have to have a legislative requirement to have cost sharing. You can also agree to an amount that exceeds the legislative requirements. The result is the same. You are obligated to that level. Having said that, the agencies have several options in the event your PI proposed to cost share lunar exploration as part of their $25,000 training grant proposal. They can reduce the requirement to what was legislatively required, or to what was programmatically required, or renegotiate it all together. They can also decide to reduce your award in proportion to the missing match. If the agency's program staff are poo pooing cost sharing, you should be pulling out your electron microscopes and deciphering every word's meaning in the proposal. I wouldn't trust them. Especially agencies like NSF (sorry, Mr. Kull). NSF recently (5/99) revised their procedures when it comes to cost sharing, but the foxes continue to guard the hen house. Mr. Kull is trying to change the foxes into some other benign life form, but these things take time. I wish him all the luck and good fortune in the world! -- Greg Schmidt Manager, Contract & Grant Accounting Florida A&M University 201 FHAC Tallahassee, FL 32307-3200 DUNS: 623751831 College of the Year - 1997 850/561-2956 voice 850/561-2461 fax ====================================================================== 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") ====================================================================== ====================================================================== 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") ======================================================================