2350.001 Budget Modifications on Sponsored Projects Policy
Rebudgeting within a sponsored project ID, after it is awarded, is allowed if there is a legitimate need to redirect budgeted costs, provided the rebudgeting conforms to the sponsoring agency’s guidelines and is consistent with the FIU’s accounting practices. Rebudgeting is not allowed for the purpose of relieving financial pressure on a department’s unrestricted budget, or on other sponsored projects or to assign costs that could not otherwise be assigned.
2 CFR Section 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance).
