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1、Post-AwardAdministrationOfficeofPost-AwardGrantandContractAdministration56Post-AwardAdministrationThepurposeofthisbookletistohelpyoubecomefamiliarwiththecommonissuesandtransactionsassociatedwithpost-awardgrantandcontractadministration,andmethodsforef
2、fectivelyhandlingthem.Theprimarygoalinpostawardgrantandcontractadministrationiseffective,accuratemanagementoftheprojectandprojectfundstofacilitateasmoothclose-outandlittleornocauseforauditscrutiny.INTRODUCTIONThisbookletfocusesonthesecondhalfoftheawa
3、rdlifecycle,specifically,the“Set-UpAward”,“PerformWork”,“MonitorProjectandManageFunds”,and“Close-Out”phaseswithintheawardlifecycle.MonitorProject&ManageFundsGeneratePaymentRequestsClose-outAwardNegotiateSetUpAwardPerformWorkPrepareProposal&SubmitProp
4、osalIdentifyFundingLifeCycleofanAwardTheStepsofthesephasesinclude:Set-upAward§MeetwithPostAwardGrantandContractAdministrationoffice§Reviewthespecifictermsandconditionsoftheaward§PrepareBANNERindexrequestform§SubmittheBANNERindexrequestformtoBusinessS
5、ervicesforprocessing§AttendfinancialtrainingifunfamiliarwithUVUpurchasingandprocurementprocessesPerformWork§Hireprojectpersonnel§Purchaseequipmentandsupplies§Issuesub-awardsandhireconsultants§Obtaintherequiredspace§Incurexpenditures56MonitorandFinanc
6、iallyManagetheProject§Reconcileledger§Obtainapprovals(ifnecessary)§Rebudget/TransferofFundsGenerateandSubmitPaymentRequests§Determineexpenditures§Resolveissues,makeadjustments§Prepareinvoices§Submitrequests§RecordsubmissionofrequestsClose-OutAward§Co
7、ordinatepreparationandsubmissionoffinalreportsas:üTechnicalüFinancialüEquipmentüPatent/Invention§Recordsubmissionofreports56Chapter1SponsorPoliciesandAwardTermsandConditionsTheBuildingBlocksofEffectivePost-AwardAdministrationFor-ProfitStateUniv.FedsN
8、on-Profit56AwardManagementWhiletheUniversityisthelegalrecipientofsponsoredagreementsandultimatelyresponsiblefortheperformanceofactivitiesandtheproperuseofsponsorfunds,theUniversitycannotmeetitsresponsibilitiestothesponsorunlessthePrincipalInvestigato
