Effective Date: 07/01/95
Policy Statement 3: Delayed Notices of Award
In some instances, formal notices of award may not be received until after the effective date of the agreement. If initiation of a project cannot be delayed until receipt of the formal award notice, the Office of Grants Administration will assign an account number under the following conditions:
- The school, department or center involved must submit a written request attesting to the circumstances requiring the account number, and must agree to underwrite any expenses incurred should the award not be finalized for any reason. Additionally a letter of intent or its equivalent must be requested of the sponsor.
- An account number will then be assigned. Such accounts should be limited to only the most essential expenditures.