The
Process
| Department - PI locates funding
source>Fed,State,Private agency |
|
| prepares/submits
proposal outlining scope of work, |
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| relevance to source,
people involved, & proposed budget. |
|
| Grantor –
Federal, State, or Private Agency |
|
| negotiates and approves
proposal, issues funds |
|
| sam
- Sponsored Programs & Research |
|
| reviews grant
application/proposal; compare w/OMBs & |
|
| USC rules & regs;
negotiates w/Grantor,PI regarding IDC, |
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| c/s or other matter; approves
the final contract, assigns grant |
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| number, prepares an Account
Memorandum & sets up the |
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| budget; copies of the Acct.
Memo/budget is forwarded to CGA |
|
| and Dept.’s Bus. Mgr. |
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| CGA
- Reviews & Monitors grant |
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| FPC/Cost Reimburseable to
determine how to bill/closeout |
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| Bill: FPC – no
billing--payments rec’d in advanced for services to |
|
| be done or expenses to incur |
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| CRC – billed monthly/quarterly as
services/expenses are incurred |
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| Closeout: FPC
collected IDC, the balance is refunded to the Dept. (E150) |
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| FPC no IDC, the balance is
split between Dept. & USC’s Gfund |
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| FPC off campus, USC collects
20% of balance & what’s left is |
|
| split between the Dept. &
the school |
|
| CRC – balance is refunded to
the Grantor |