University Policy 6090, Disposition of Sponsored Project Surplus Funds, Deficit Balances, and Recovered Fees, has been updated and posted in the university’s policy manual. The policy has some important changes that impact proposal budgets, award negotiations, and award administration and closeout. Please read all of the short policy and pay special attention to the following aspects:
Definitions – 3.2 Deficit Balance, 3.3 Fee, 3.4 Fixed Fee, 3.5 Fixed-Price Sponsored Project, 3.6 Recovered Fee, and 3.9 Surplus Balance
Disposition Procedures – 4.1 Surplus Balance a Conclusion of Sponsored Project, 4.3 Recovered Fee at Conclusion of Sponsored Project
If you have any questions, please don’t hesitate to ask at osp@boisestate.edu.