Award Reduction & De-obligation
Occasionally a sponsor will reduce the amount of funds that have already been committed to a sponsored project. Project Teams must notify DCG whenever they receive notice from a sponsor that an active existing award is being reduced.
Documentation Required – (1) the dollar amount or percent of the reduction; (2) a revised budget; (3) a revised scope of work, if appropriate, or an attestation that the scope of work will not change; and (4) the notice of award indicating the reduction from the sponsor.
Approvals Required – (1) Principal Investigator; and (2) Dept. Chair/Unit Head or designee.