Notices and Announcements
1. AFOSR – Pre-Award Cost Policy (Friday, June 1, 2012)
AFOSR has changed its requirements regarding pre-award costs up to 90 calendar days prior to the award.
2. AFOSR – No-Cost Extension Guidelines (Sunday, January 1, 2012)
According to AFOSR, there has been a new development for the administrative guidelines dealing with no-cost extension of continuing grants. As mentioned quite a while ago, all unspent funds sitting at the university accounts are becoming a potential target for congressional budget scrutiny and an excuse for reshuffling of the budget within the same agency. On top of this situation, the reduction of supporting personnel in the Government agencies creates major delay in the procurement process. As a consequence, all requests for no-cost extension of the grants beyond the designated expiration date will go through the Office of AFOSR Director. Please be conscious of this new rule making no-cost extension virtually impossible and try to find a way of spending the allocated budget on schedule. If the funds are not spent within the original timeframe, there is the potential to lose the funds.