xxxxx
Reasonable, Allocable, Consistent
A type of agreement used when a federal agency expects to have substantial involvement in carrying out the project or program.
What is a cooperative agreement?
IRB
What is Institutional Review Board?
Equipment purchases above this amount require tracking, tagging, and specific management procedures under federal guidelines
What is $5,000?
2 CFR § 200.458
Allowable costs incurred prior to the effective date of the Federal award.
What is Pre Award Costs?
A contract for the supply of goods or services where the agreed-upon payment amount does not change, regardless of the resources used or costs incurred.
What is a fixed price contract?
What federal identification number is needed to set up in award in NIU's financial system?
What is CFDA / ALN?
This is the number of days allowed for closeout of a federal award under Uniform Guidance (2 CFR 200.343).
What is 120 days?
A quantified portion of the costs on an Award that are not paid by the sponsor, but instead are paid by a department, college, or third party outside of the NIU.
$221,900
What is the NIH Salary Cap?
You must retain records related to federal grants for this number of years after the final financial report is submitted.
What is 3 years?
This type of award is given to Faculty to cover salary but often does not cover fringes.
What is a Fellowship?
ORI
Office of Research Integrity
What is the maximum amount of direct costs allowed under the NIH modular budget policy?
What is $250,000?
This federal regulation requires the protection of human subjects in research
What is the Common Rule?
What are the 4 types of federal grants?
What is Competitive, Formula, Block, and, Pass-Thru Grants?
This type of audit is required for entities that expend $750,000 or more in federal funds annually.
What is the Single Audit?