Project End Dates

This is a question of “allocability”. Does the contract deliverable provide a direct benefit to the sponsored award over the entire life of the contract?  For contracts that extend beyond the end date of an award the cost should be allocated on a reasonable basis.  Typically the basis is the number of months the award is active during the life of the contract.  Once the award ends the contract is no longer providing a benefit to it so that portion of the contract cost is not allocable.