Title
Office of Sponsored Programs - 500.01 - Federal and University Award Management Guides
Purpose
This operating standard serves to inform researchers and research administrators at the University of the legal standards mandated by the Federal government for sponsored research, to which faculty, staff, and students must adhere.
Policy Statement
The University manages sponsored awards according to the mandated requirements of 2 CFR §200 and the University’s Cost Accounting Standards Board Disclosure Statement (DS-2) published by the Office of Sponsored Programs (OSP). 2 CFR §200 Subpart E mandates the Federal guidelines applicable to allowable costs in research grants, contracts, and cooperative agreements in colleges and Universities nationwide. In conjunction with compliance with the Cost Accounting Standards provided in 2 CFR §200 Subpart E, the DS-2, which is required by law, presents the University’s cost accounting practices in maintaining:
- Consistency in estimating, accumulating, and reporting costs
- Consistency in allocating costs incurred for the same purpose
- Accounting for unallowable costs
- Accounting period
University faculty and staff involved with procuring and managing sponsored funding are required to abide by the standards presented in both documents.
Related Requirements
Contact Information
For questions regarding this operating standard and its related procedure, please contact SponsoredPrograms@unc.edu.
For questions regarding Pre-Award management or Post-Award administration, please contact the assigned Sponsored Projects Specialist (SPS).
For invoicing, reporting and other financial matters, please contact the assigned Sponsored Projects Accountant. OSP Staff assignments are found in RAMSeS or on the OSP website.
History
History Table
Date |
Description |
07/01/2022 |
Revised to reflect new office name. |
05/15/2018 |
Revised to coincide with the release of the new OSR Website. |
The operating standards in the Office of Sponsored Programs Operating Standards & Procedures Manual supersede any OSP operating standards, procedures and appendices previously included in the University Business Manual, a publication of UNC-Chapel Hill’s Division of Finance.