Sponsored Programs Accounting

Record Category

Retention Period

Financial Award Records

  • Subrecipient monitoring documents
  • Time and Effort documents
  • PI Expense reports and justifications

Final Expenditure Report Submission plus 3 Years

Authority: OMB Uniform Guidance 2 CFR 200 § 200.332

 Audit Documentation

  •  KPMG Reports

 Permanent

F&A Rate negotiations

 Permanent

Real Property and Equipment Records

Disposition (life of property/equipment) plus 3 Years

Indirect Cost Proposals

Submission for negotiation plus 3 Years, if submitted, or End of Proposal’s FY plus 3 Years if not submitted for proposal.