EXISTING AWARDS & PROPOSALS approved prior to May 1, 2016
The $2,000 threshold will continue to apply to existing funding. The $2,000 threshold will also continue to apply to non-competing renewals. In addition, funding received in response to proposals with an EGC-1 approval date prior to May 1, 2016 will continue to have the $2,000 threshold apply, even if the award has a start date of 7/1/2016 or later, to accommodate the use of the lower threshold in budgeting.
PROPOSALS FOR NEW, COMPETING RENEWALS & SUPPLEMENTS approved on or after May 1, 2016
Proposals for new, competing renewal, and supplemental funding with an EGC-1 approval date on or after May 1, 2016 will be subject to the new $5,000 threshold. Budgets submitted with these proposals must categorize items with an acquisition cost of $5,000 or more and a useful life exceeding one year as equipment. Indirect cost (F&A) must be calculated on all non-capital equipment/supplies with an acquisition cost under $5,000.