What is a billing agreement?

A billing agreement is a binding agreement between two local institutions that is utilized when an investigator/researcher/trainee is an employee of one institution and is performing work at another local institution.  Billing agreements are for the reimbursement of salary and fringe to the investigator’s/researcher’s/trainee’s primary institution and avoids the issuance of dual paychecks and benefit plans. 

Read moreWhat is a billing agreement?

G-2-P transition - what when we are subrecipient?

For subawards scheduled to receive continuation funding in FY2016 and set-up in task logic, confirm whether and how the subaward will be impacted by the transition BEFORE incurring any expenses after the end date of the FY2015 budget period.  Recommend reviewing subaward, and confirming with PTE, if necessary, 60-90 days in advance of the FY2015 budget period end date.  If the PTE will need us to request approval for carry-over as a result of the transition, a new subactivity for the transitioned award will be required.

G-2-P transition - if I have to move costs from the old to the new account group as a result of the transition, will these journal adjustments be subject to the Cost Transfer Policy?

  1. The Cost Transfer Policy has been updated to add the following to the section regarding “Journal Adjustments Exempt from the Cost Transfer Policy if Completed within 90 Days”

    1. Adjustments of direct costs between account groups set up to comply with the DHHS G to P re-classification when:

      1. There are no carryforward restrictions

      2. It is a non-competing year