Grant Archive

Cost Principles, Audit, and Administrative Requirements for Sponsored Activities Administrative Policy

Policy This policy focuses on the requirements that are set forth in Office of Management and Budget (OMB) Uniform Guidance (UG) and does not provide guidance on other requirement that might apply to federal, state, or privately sponsored grants or contracts. As a recipient of federal, state, and privately sponsored grants and contracts, the University […]

Categories: Financial


Deficit Resolution of Restricted Funds Administrative Policy

Policy Overspending and collectability issues (i.e. circumstances under which costs incurred by a project are not reimbursed by the sponsor) arise periodically and this policy addresses the process for resolution of the resulting deficits based on the situation. As a recipient of federal, state, and privately sponsored grants and contracts, the University is required to […]

Categories: Financial


Effort Reporting Administrative Policy

Policy At the Reynolda Campus of Wake Forest University, effort certification is required for all faculty, staff, and graduate students who are paid, in full or in part, by a federal or state sponsored project. This means that all, or a percentage, of their pay is charged to a federal or state sponsored grant or […]

Categories: Financial


Cost Transfers and Cost Allocations Administrative Policy

Policy In accordance with the Office of Management (OMB), it is necessary to explain and justify transfers of charges onto federally and state funded sponsored awards. As a recipient of federal, state, and privately sponsored grants and contracts, the University is required to comply with all policies and regulations set forth by the federal and […]

Categories: Financial


Reynolda Campus Procurement Policy

Policy As a collaborative product with guidance from the University’s senior business administrators and other campus subject matter experts, this policy serves as Wake Forest University’s primary guidance on purchasing. This standardized procurement policy and the accompanying work processes have been created to conform with the University’s values, policies, and procedures; and to comply with […]

Categories: Financial


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