The pre-award administrator understands how to build realistic proposal budgets based on project costs described by the Principal Investigator. A carefully-crafted proposal budget provides an actionable award spending strategy, simplifies monthly award financial reporting, streamlines Effort Reporting certifications, and minimizes or eliminates rework to process payroll expense transfers and/or cost redistributions during an award’s activity period.
COST PRINCIPLES FOR SPONSORED AGREEMENTS
Only allowable, allocable, and reasonable technical and administrative costs may be charged directly to sponsored agreements. Read the full policy.