Sponsored Award Cost-Sharing

Cost Sharing is when UMB is required to use resources other than the award itself for completion of the award objectives. In other words, a certain portion of the costs of an award are not paid by the Sponsor but are paid using resources from a UMB department or a third party. This is the policy on how to navigate Cost Sharing. 

Advance Draws or Requests for Advance Payment Invoices

If a department requests an advance payment for an award that is not included in the provisions of the award and the expense is not recorded in UMB’s financial system the department must provide to SPAC certain information. 

Download the Procedure

Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards

Federal regulations for reporting and closing out awards. 

Federal Regulations and Policies

All other federal regulations and policies.