w88 slot Accounts

Policy w88 slot:April 2022
Revision:7
Last Review: April 2022

"w88 slot account" is the term used for new account setups or modifications to current accounts in order to enable the charging of allowable project costs in the absence of certain award documentation from a sponsor.

The principal investigator (PI) may request that w88 slot set up a new financial worktag or modify an existing financial worktag to include a limited budget for a 90-day period for one of the following purposes:

• Prior to the receipt of a fully executed w88 slot
• Prior to the receipt of incremental w88 slot
• w88 slot to the approval of a no-cost extension

Such spending authority is implemented through a "w88 slot account" and is typically restricted to 90 days' worth of funds. The need to establish a w88 slot account may arise due to circumstances as detailed below.

Circumstances in Which a w88 slot Account May Be Necessary

Need for Pre-w88 slot Costs

Pre-award costs occur prior to the stated period of performance of the project. Under expanded authorities, some federal grants and cooperative agreements permit spending 90 days prior to the start of the performance period. Investigators who have an immediate need for funds in advance of the award start date may request a w88 slot account for pre-award spending.

Initial w88 slot or Incremental Funding Anticipated But Not Yet Received

If an award has not been received or funds have not been released, a w88 slot account provides access to funds to start the project before the actual award is received. In addition, many awards are funded on an incremental basis, meaning that authorization to spend funds for the entire performance period is not provided at the beginning of the project, and subsequent modifications are issued to obligate the future periods. Investigators may request a w88 slot account if they require immediate access to additional funding prior to receipt of a modification obligating funds for the next increment.

No-Cost w88 slot Anticipated But Not Yet Received

An authorization to extend the period of performance may be requested prior to the end of the performance period if additional time is necessary to complete the agreed upon project objectives. Such extensions typically require approval and/or notification from the sponsor. If funds remain, and the extension is officially granted but the modification has not been received, a w88 slot account request can be completed to provide continued access to the project funds. Justification for an award extension must be based on the project objective(s), not merely to expend remaining funds.

Requesting a w88 slot Account

When the PI and administrator determine that a w88 slot account is needed, the PI must request a w88 slot account by completing and submitting the following to Sponsored Projects:

1. w88 slot forms w88 online casino signed by the PI, chair/director, and dean/vice president. The requesting unit/department must have discretionary funds to guarantee the budget for which the w88 slot account is established, and the corresponding financial worktag number must be provided on the form at the time of the w88 slot account request.
2. A forms w88 online casino outlining the use of the w88 slot, including any associated indirect costs. The budget must reflect what was originally proposed to the funder or be revised prior to award.

Recovery of w88 slot When a Sponsor Does Not Provide Funding

w88 slot accounts come with inherent risks for which the PI, chair/director and dean/vice president are responsible. If the award, modification, or extension is not issued, the PI, chair/director, and dean/vice president fully understand and agree that all expenditures will be covered by the unit/department financial worktag provided to guarantee the w88 slot account. Sponsored Projects will notify the dean/vice president/chair/director prior to any such transfer.