- Set up the Account
- Conflict of Interest Clearance
- Research Affairs - Post Award Assigns an Account Number
- Research Affairs - Post Award Allocates Awarded Budget
- Research Affairs - Post Award Sends Award Letter to PI
- The PI Submits a RevisedBudget (if requested amount changes)
- The PI Submits aDetailed Budget for NIH Modular Awards
- The PI Completes Forms
- The PI Starts Work & Spending Funds
- Checklist for Setting up the Account
- Initiate Subawards
- Get Remaining Approvals for Responsible Conduct of Research
- What Happens Next
After a sponsored research award has been officially accepted,the award fileis transferred from LLU's pre-award department, Research Administration, to the post-award department, Research Affairs - Post Award. Following the steps outlined below, Post Award can generally activate an accountwithin two business daysof receiving the award notice and file:
- Conflict of Interest Clearance:One of the required steps for opening an account is to obtain Conflict of Interest (COI) clearance. In fact, COI clearance for all personnel must be completed before a proposal is submitted to asponsor. Post Award double-checks that this clearance has occured before setting up the account.See the Research Conflict of Interest page for more information.
- Research Affairs - Post Award Assigns an Account Number: As soon asFinancial Management receives an award, a Financial Analyst assigns an account number to the project. This number identifies the project in LLU'saccounting system and should be used thereafter on all accounting forms forthat award.
- Research Affairs - Financial Management Allocates Awarded Budget: Using the approved budget from the sponsor,Financial Management allocates the awarded budget funds among the appropriate expense categories (also known as object codes or account codes) in LLU's accounting system. This process may also require additional information from the PI (see next steps).
- Research Affairs - Financial Management Sends Award Letter to PI: Financial Management prepares and sends a Notice of Grant Award (NGA) or Notice of Contract Award (NCA) letter to the PI with the following information:
- Project title and sponsor
- Financial account number(s) for reference
- Direct costs awarded
- Budget period beginning and ending dates
- PI instructions to complete project set-up (see next steps)
- The PI Submits a Revised Budget: To expedite the account setup and prior to spending funds, the PI submits a revised budget toFinancial Management if the awarded budget differs from the proposed budget.
- The PI Submits a Detailed Budget for NIH Modular Awards: Although certain NIH awards do not require a detailed budget during the submission process, a detailed budget is necessary once the grant is awarded so that Post Award can appropriately allocate the awarded funds. A detailed budget template is available here.
- The PI Completes Forms: The PI also submits the following to Post Award to initiate spending:
- ARequest for Sponsored Project Access form to authorize the PI and other personnel to sign for expense activities, e.g. purchase orders or check requests. A form must be completed for each authorized signatory.
- Rate slip(s) to add personnel to be charged to the project.Rate slips can be downloaded from Banner Self Services at: http://myllu.llu.edu under Payroll.
- The PI Starts Work and Spending Funds: The PI should make sure that all remaining, required approvals that were not obtained before or during the award process have been obtained before spending any funds.
Checklist for Setting up the Account
|PI Checklist||LLU Roles & Responsibilities|
Set up the Account
Initiate Sub-awards or Subcontracts
Get Remaining Approvals for Responsible Conduct of Research
Before the PI begins work or spending funds, all remaining, required approvals for the Responsible Conduct of Research that were not obtained during the pre-award process must be in place.
What Happens Next:
The PI has the ultimate responsibility to manage the award, including:
- Spending Funds and Managing the finances of the project
- Managing the programmatic aspects of the project
- Using correct procedures to make post award changes to the project
- Monitoring the progress of the subcontractors/subawardees on the project
- Complying with award terms and conditions as well as institutional and sponsor regulations
- Complying with institutional, state, federal, and sponsor regulations for the Responsible Conduct of Research