The second step in the post-award life cycle is award management. At this point, the award has been fully executed and issued from the OSP, and the award is set up in the university’s Banner financial system with an account index and FOP by GCA for financial transactions to commence.
Award management is a shared, collaborative responsibility between the decentralized and centralized research administration units to oversee 2 CFR 200 regulatory guidelines and fiscal compliance requirements for awards.
The post-award management stage of research administration involves managing and monitoring activities, transactions, and processes of project accounts for accuracy, allowability, allocability, reasonability, and compliance according to the program requirements, award terms and conditions, university policies and procedures, and federal uniform guidance. In the daily management of awards, it is important that all parties involved in the research administration of awards understand the applicability of policies and guidance determinations.
Federal regulatory compliance requires applying policy for the management of awards to flow in the following order of precedence:
Click on the buttons below to view activities and tasks typical for the daily, weekly, monthly, and yearly oversight of the award. The departments typically lead or initiate the financial and HR support activities and tasks.
Check out the Post-Award Toolbox for research related forms, resources, tools, and training.