Residual Balance on Fixed Price and Milestone Agreements Administrative Procedure – Sponsored Funds

Procedure

This document outlines the procedure for moving a residual balance from fixed price and milestone agreements (i.e., funds that remain unspent upon completion of a project) to other University accounts, and provides information on calculating facilities and administrative costs.

Read the Policy

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Related Policies & Procedures

• Cost Principles, Audit, and Administrative Requirements for Sponsored Activities Administrative Policy
• Deficit Resolution of Restricted Funds on Fixed Price and Milestone Agreements Administrative Procedure – Sponsored Funds

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Related Forms

• Residual Balance Transfer Request Form