Review Of Cost Sharing and Cost Transfers At The University of Rochester For The Period July 1, 2002 to June 30, 2003

This final report states that the University of Rochester has procedures in place to document cost sharing; removed salary above the cap when submitting grant applications and claims for Federal reimbursement for NIH projects and properly included salary above the cap in the calculation of the F&A cost rate; developed and implemented written cost transfer procedures and controls; and, sufficiently justified and supported cost transfers to NIH projects in accordance with OMB Circular No. A-21 and A-110, as well as the NIH Grant's Policy. The report contained no recommendations.