In addition, indirect costs or tuition not allowed by the grant may often be included as cost sharing. Time must be available to perform on the project both for pay and for contributed effort. Approved by the University. As cost sharing represents a commitment of its resources on the part of the University, it will be reviewed before submission as a part of the budget request. Time spent as cost shared effort on a research project must be indicated on the quarterly PAR form, including the cost-shared account number and the corresponding percent of effort.
PAR documentati on is subject to review by federal auditors.
Final Reporting Following the completion of the project, a final technical report and final fiscal reports are submitted to the funding agency. Research Accounting prepares final fiscal reports. I n some cases, the funding agency will not provide final funding for a project until it has received the final technical report. A copy of the letter of transmittal for the final technical report should be sent to Research Accounting. Some agencies have special forms, and in other cases the transfer m ay be handled by a memorandum.