Grant Fact Sheet Update 04/20/2017

MU Grants Community,

A new version of the Grant Fact Sheet, dated 4/20/2017, is available on the OSPA website. Please access the current version here, noting the following changes:

Page 2: DHHS Rate Agreement Date

Page 3: Fringe Benefits Rates: Updated to include fiscal year (FY) 2018 federal and calculated fringe benefit rates and projected rates for FY2019-FY2022.

Note: The new rate agreement may not yet be uploaded on the UM System Controller's office webpage but will be soon.

Grant Connections | September 2016 Notes

Notes from the September Grant Connections meeting are included below. Thank you to all who attended. We hope to see you at the next meeting on Wednesday, October 26th.

 

Grant Connections | July 2016 Notes

Notes from the July Grant Connections meeting are included below. Thank you to all who attended. We hope to see you at the next meeting on Wednesday, August 24.

Grant Fact Sheet Updated 07/18/2016 | FY17 Facilities and Administrative (F&A) Rates

MU Grants Community,

A new version of the Grant Fact Sheet, dated 7/18/2016, is available on the OSPA website. Please access the current version here, noting the following changes:

Page 2: Updated Facilities and Administrative Rates

F&A Cost Recovery: On- and Off-Campus Rates

Good morning,

The Office of Sponsored Programs Administration (OSPA) maintains internal policies and procedures for recovery of facilities and administrative (F&A) costs consistent with System-wide BPM-203, F&A Cost Recovery (Grants & Contracts).

In collaboration with MU campus and UM System partners, OSPA has developed an addition to the F&A policy* to provide clear and consistent guidance for determining on- or off-campus classification of sponsored activities. There is also clarification regarding the applicable rates for clinical trials.

The guidance is published to the OSPA website as an addition to the F&A Cost Recovery policy. Should you have questions about the applicability of this policy to current or anticipated projects, please contact OSPA.    

Craig David

Director

Authorized Signer, Grants and Contracts

Phone: 573.882.9570 | Fax: 573.884.4078 | davidcr@missouri.edu
University of Missouri | Sponsored Programs | 310 Jesse Hall, Columbia, MO 65211

InFocus F&A Quarterly Newsletter

The latest issue of the InFocue F&A Quarterly Newsletter was distributed on Thursday, April 16, 2015.  Key topics include the PeopleSoft Finance/Supply Chain Upgrade, Space Survey details, and A-133 Audit updates.  Read the full newsletter here.

InFocus - Electronic EVR (eEVR)

The following editorial from Brian Burnett, Vice President for Finance and CFO and compliance update from Donna Johanning, Director of Financial Information Systems, was included in the InFocus - F&A Quarterly Newsletter released on February 20, 2015.

Welcome to InFocus!

The only constant in life... change.

With the diverse missions of the University of Missouri System and its campuses and operations, there is no question our ability to serve is increasingly financially strained under increasing demands for service from more students, limited state appropriation growth, tuition increase limits, and a challenging environment for competitive research funding. These are the realities we face as we work to serve the state of Missouri and the students who come to our campuses to learn and grow their abilities to be productive citizens of the state and nation. Thus, as the university continues to look for ways to not just survive but thrive in an era of a challenging funding climate, we must continue to examine ways to improve our operations and services. For the UM System Office of Finance, we must find ways to improve our operations and effectiveness of our services to the campuses we serve.

UM Policy Change: BPM-203 F&A Cost Recovery (Grants & Contracts)

UM System has published a revision to BPM-203 Facilities and Administration Cost Recovery (Grants & Contracts), as follows:  

For Projects Supported by an Industrial or Commercial Firm or Foreign Entity Government

F&A costs must be charged at a rate not less than the predetermined approved schedule of rates developed by the Vice President for Finance and Administration.

When a commercial or industrial firm requires rights in data to the exclusion of the University and/or claims full rights to patents ownership rights to intellectual property developed by the University under such a project, F&A costs must be charged at a rate not less than 200% of total direct costs. the scheduled rate and may be charged at a higher rate through negotiation by the campus.

The President must specifically approve any waiver of such intellectual property rights.

RE: Grant Fact Sheet Updates - New F&A rate for On Campus Research effective 7/1/2013

As a follow-up to Jennifer’s email below regarding the revised Grant Fact Sheet and the new F&A rate for On Campus Research effective 7/1/2013:

Until 7/1/2013, the PeopleSoft F&A Pricing Setup tab will continue to default to our current On Campus Research rate of 51.5%. However, budgets for proposals with a start date of 7/1/2013 or later should apply the new On Campus Research F&A rate (53.5%). This requires a manual change as follows:   

PeopleSoft →Grants→ Proposal →Maintain Proposal→ Budgets →F&A Pricing Setup

Provisional F&A Rates Effective 07-01-12

The Effective Period for MU’s current F&A Rate Agreement ends 06-30-2012:

In late 2011, UM System submitted an F&A proposal for MU to the Department of Health and Human Services (HHS) based on actual costs for the fiscal year ending 06-30-2011. As part of the proposal analysis process, the Defense Contract Audit Agency (DCAA) will visit MU in June to conduct campus walkthroughs.  

Given the timing of this visit so near the end of the current Effective Period, please expect to utilize provisional rates while we await our new negotiated rates. As described in the current F&A Rate Agreement, provisional rates effective 07-01-2012 are the same as those currently applicable through 06-30-2012:

We will communicate new negotiated F&A rates as soon as they are received. As always, please feel free to contact me with questions.