2350.100 Transfer of Residual Balances to Miscellaneous Accounts Policy
The PI must estimate and negotiate, at proposal time, the cost of the scope of work on sponsored grants and contracts as close to the actual cost of performance as possible. Even with the best efforts in estimating cost, however, this is not always possible because of unanticipated circumstances. This policy is to provide guidance and ensure the appropriateness of transfers of residual balances on sponsored project IDs to miscellaneous accounts.
