25% is VERY steep!  Are you sure it isn't 2 point 5 (2.5) %?  You have me
digging through mine, now.

Greg Schmidt

-----Original Message-----
From: Rochelle Athey <xxxxxx@CALPOLY.EDU>
To: xxxxxx@hrinet.org <xxxxxx@hrinet.org>
Date: Tuesday, November 23, 1999 2:38 PM
Subject: Withholding clause on NASA grants

Hi folks:

I reviewed a new NASA Ames award that arrived in our office today and
noticed that NASA had added a withholding requirement to the award.
They will retain the final payment of 25% of the award's value pending
submission of a final report.

Is this usual practice for NASA these days?  I haven't worked closely
with NASA awards for about 6 years -- in the past, there never was a
withholding requirement on awards.

Thanks for any light you can shed on this matter.

Rochelle Athey
Director, Sponsored Programs
Cal Poly State University Foundation
805-756-1123/805-756-5588 fax
http://www.cpfoundation.org/SP/

======================================================================
 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")
======================================================================