FIN 211: Sponsored Project Agency/Orgs
To describe sponsored project agency/orgs
Sponsored project agency/orgs are established and maintained by the Office for Research and Sponsored Projects Administration (ORSPA).
A sponsored project is a project supported by an external funding source under a mutually binding agreement that restricts the use of funds to the approved project and stipulates other conditions with which the university must comply. Sponsored projects typically:
In some situations it may not be clear if a new agency/org is a sponsored project. The presence of one or more of the following conditions indicates that an agency/org might be a sponsored project:
For agency/orgs with one or more of the foregoing conditions, please contact ORSPA for a determination about whether the funds should be accounted for in a sponsored project agency/org. In addition to the above criteria for determination of whether an agency/org is a sponsored project, all clinical trial funds are to be deposited into a sponsored project agency/org.
For information on the establishment of new agency/orgs other than for a sponsored project, refer to the Financial Services Forms Web page, Advantage Forms, New Account Application Form, Form Instructions.
For information on agency/org structures, see FIN 201, “Agency/Org and Coding Structures.”
For information on establishing a sponsored project agency/org, see the Research and Sponsored Programs Policies and Procedures Manual—RSP 501, “Establishment of a Sponsored Project Account.”
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