41-002 11-21-17 DIRECT, INDIRECT, AND UNALLOWABLE COSTS (POLICY) The College recognizes unallowable costs, as defined under Uniform Guidance or other federal regulations cannot be charged to Federal awards and has internal controls in place to insure this is followed. The grant manager and their supervisor are ultimately responsible for ensuring all costs charged to grant awards meet the requirements of the cost principles as contained in the Uniform Guidance, grant terms and conditions, and any other specific requirements of both the award notice and the applicable program solicitation. Purchasing will follow procedures as outlined in 40-100-1 and all other College policies and procedures. The first and foremost responsibility for identifying and segregating direct and unallowable costs is at the department level when the costs are incurred and recorded. All costs should be identified to the correct account prior to being coded on the purchase order. Account coding on purchase orders will be reviewed and approved by the Vice President of Instruction (if under that offices supervision), the President, the Vice President of Business, and the Business Office, in this order. The ultimate responsibility for determination comes from the Vice President of Business. Each month the Budget Expenditure Report (BER) shall be created by the Business Office and reviewed and approved by the budget manager. Costs charged per the BER will be reviewed by the principal investigator or grant manager to ensure the costs charged to the project are allowable.
|Document Version||Pdf Version|