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The Do's & Don'ts of Cost Sharing: From the Proposal to the Close-Out
Principal Investigators Association, Sep 2010, Minutes: 90
90 Minute Audio Conference presented by Sandra Nordahl
If you fail to cover all your costs, your department could end up footing the bill.
Properly accounting for cost sharing at the proposal phase can be a challenge for most Principal Investigators and often leads to the following questions: What is cost sharing? Why should PIs care about cost sharing during the proposal phase?
Once your commitment is made, the sponsor expects you to abide by those commitments
Principal Investigators Association has teamed with Sandra Nordahl and Jennie Amison, both of San Diego State University Research Foundation, to walk you though the definition of cost sharing, mandatory vs. voluntary cost sharing, and the types of documentation are sufficient.
You will dig into which costs are better than others for institutions and how cost-sharing affects the project once it is awarded. PLUS, get an example of an institution’s cost-sharing policy and procedure.
Take-Away Benefits:
- Back to the Basics: Definition & Concepts of Cost Sharing
- Identify different types of cost sharing and how to handle each situation
- Step-by-step approach from proposal development through close-out of an award
- Tactics how to document cost sharing
- PLUS: Take back real-life a example of a cost sharing policy
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