New Policy on Sponsored Award Cost Sharing
August 21, 2024Cost Sharing is when UMB is required to use resources other than the award itself for completion of the award objectives. In other words, a certain portion of the costs of an award are not paid by the sponsor, but are paid using resources from a UMB department, or a third party. Cost Sharing is a commitment included in the award document, either required by the sponsor or offered by UMB. Cost Sharing can be Mandatory Cost Sharing, Voluntary Committed Cost Sharing, or Voluntary Uncommitted Cost Sharing, and can take the form of either Cash Contributions or In-Kind Contributions.
UMB will agree to Cost Sharing in a proposal only when Cost Sharing is a requirement of the sponsor's request for proposal or program announcement, whether the proposal is a new proposal or a non- competing continuation. Cost Sharing should not be offered by UMB on federal contracts, corporate agreements, or other contracts.
View the full policy here: UMB Policy on Sponsored Award Cost Sharing