
Consistently Treated: Cost of a similar nature in like circumstances are treated consistently as either direct or F&A costs.Allocable: The cost can be assigned to the activity on a reasonable basis.Reasonable: A prudent business person would have purchased this item or service at this price.Voluntary Uncommitted Cost Sharing most commonly results from a cost overrun on a project, or from researchers’ effort which is over and above that committed and budgeted in a sponsored agreement.Ĭosts: A cost that is eligible for reimbursement by the sponsor must be:

Uncommitted cost sharing need not be tracked for cost accounting purposes or reported to the sponsor, and if it arises from faculty or other personnel effort, it is excluded from separate identification in effort reporting.
ALLOCATED EXPENSES MEANING PRO
The agreement is binding and creates a quid pro quo relationship between the parties.Ĭooperative Agreement: A cooperative agreement is a legal instrument of financial assistance between a Federal awarding agency or pass-through entity and a non-Federal entity that, consistent with 31 U.S.C. Definition(s)Ĭontract: A written agreement between the University and a sponsor to provide an economic benefit to the sponsor, generally in the form of services, for compensation. This policy also applies to any award that arises when either the CSUCI Foundation or Associated Students have passed through funding to the University for award administration as specified in the Master Agreement between CSU Channel Islands and CSUCI Foundation for Administration of Grants and Contracts. This policy applies to all sponsored agreements except those that are funded internal to the CSU without a federal, state, or other sponsor. Additional background and requirements can be found in The Uniform Guidance (2 CFR 200). Consistent treatment of costs (direct, indirect, and cost sharing) is essential in the successful administration of sponsored agreements.
ALLOCATED EXPENSES MEANING MANUAL
The Integrated California State University Administrative Manual (ICSUAM) requires campuses have a policy on cost recovery and cost sharing. Establishes that costs be recovered for sponsored programs in accordance with funding agency requirements, CSU and CSUCI policies. Serves to provide direction for budgeting, allocating and documenting costs, and cost sharing in accordance with federal guidelines and CSU/CSUCI guidelines.


Provide guidance and structure when allocating and documenting costs (direct and indirect) for extramurally funded awards.
ALLOCATED EXPENSES MEANING PDF
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