Re: Re[2]: Cost sharing Larry Hawse 12 Aug 1999 13:36 EST
Molly, The controlling factor is the award notice. You indicated that a certain amount is listed for grantee's portion. I have seen agency administrators who wanted to reduce awards when the amount of cost-sharing was below listed amount. The rationale was the project costs were X amount, consisting of Y plus Z. thus when project costs fell below estimated total costs, the agency could reduce its share proportionally. Thinking was akin to that of 80/20 matching program where federal share could not exceed four times local share. That thinking was applied to non-mandatory match grant program by agency. While without legislative requirement the agency made that interpretation stick...since we wanted more grants from them later. PS: Heard MRD will make a full recovery. ====================== At 08:50 AM 8/12/1999 -0500, you wrote: >Hi, all -- > >I'd like some more thoughts on the question of documentation of cost >sharing. > >The question of the cost-sharing obligation came up at a grantees meeting >for a >program which funds a project at my organization. The program management >staff >told our project director that since there was no "legislative requirement" > for >the cost-sharing for this particular grant program, the amount reported on >the >financial status report did not necessarily have to match the amount listed > as >non-federal funds on the notice of award. I and others at the meeting >expressed >some skepticism that auditors would agree with this interpretation. We >agreed >that the more prudent practice would be to make certain that the >cost-sharing >amounts indicated in the approved budget of record ARE items which can be >documented and that the sum reported on the financial status report meet or >exceed the amount on the notice of award. Agency staff pooh-pooh the need >for >this sort of exactness, but I remain unconvinced. > >IS there a difference in the way auditors review programs without a >matching >requirement in the authorizing language of the program? I'd appreciate >hearing >what others have found to be true. > >--------- >Molly Daniel >Grants Specialist >Sarah Bush Lincoln Health System >Mattoon, IL >email: xxxxxx@sblhs.org >____________________Reply Separator____________________ >Subject: Re: Cost sharing >Author: gschmidt <xxxxxx@FAMU.EDU> >Date: 08/12/99 1:55 PM > > > >You will be asked every year of the award to document your matching through >the Financial Status Report. These are certified by your financial officer >as being true and accurate, and they are auditable. >"Peter J. Dolce" wrote: >> We have a contract from DHHS in which we committed to cost share a >> certain amount. I know that A110 says that cost-shared amounts must be >> verifiable from the recipient's records and have seen, at NCURA >> sessions, some pretty rigorous means that universities use to document >> cost-sharing, project by project. >> >> Should we expect to be asked, during the close-out period for the >> contract or at some other time, to document that we cost-shared the >> amount we said we would in the original proposal? >> >> -- >> Peter J. Dolce, Ph.D. >> Director, Research Support Services >> Meharry Medical College >> 1005 Todd Boulevard Phone 615 327 6703 >> Nashville, TN Fax 615 327 6716 >-- >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") >====================================================================== > ====================================================================== 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") ======================================================================