This policy alerts the research community to the urgency of timely submission of final financial reports or final invoices for sponsored awards.
For all federal funds received from a sponsor, the University of Maryland, Baltimore agrees to provide final financial reports or final invoices in accordance with 2 CRF Part 200 {Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards} (“Uniform Guidance”).
The various types of Sponsored Awards covered under this policy are:
- Letter of Credit (LOC) Grant
- Cost Grant or Contract
- Volume or Milestone Grant or Contract
- Schedule Grant or Contract
- Schedule/Cost Grant or Contract