Abstract
In getting the most out of your grant dollar, there is more to be considered than just getting the best deal or getting more for less. It is even more important (1) not to spend money that may, in the future, be disallowed by the auditors and (2) not to spend money that you may not have. Also, although they are often overlooked as a problem, underexpenditures should be avoided. In an indirect way (pun intended), underexpenditures can cost your agency money just as surely as overexpenditures do.
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If you’re going to do business with the government, there are going to be unreasonable demands on you.
Anonymous Federal Auditor
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References
“Addendum to Public Health Service Grants Policy Statement,” U.S. Department of Health, Education, and Welfare, Public Health Service (DHEWPublication No. 77–50,000), October 1,1977, p. 6.
“Grants for Scientific Research,” National Science Foundation (NSF 7841), August 1978, pp. 16–17.
“Cost Principles for Educational Institutions,” Circular A-21, Office of Management and Budget, Federal Register, March 6, 1979, Part III, p. 12371.
“Cost Principles for Educational Institutions,” Circular A-21, Office of Management and Budget, Federal Register, March 6, 1979, Part III, p. 12371.
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“Grants Policy Statement,” Public Health Service, DHEW Publication No. (OS) 77–50,000 (Rev.), October 1, 1976, pp. 14–29.
“Agenda, Meeting of the Committee on Governmental Relations,” National Association of College and University Business Officers, October 3, 1979, pp. 3–4. (Mimeographed.)
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© 1981 Plenum Press, New York
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Sladek, F.E., Stein, E.L. (1981). Expenditures to Avoid Over-, Under-, Unallowable. In: Grant Budgeting and Finance. Springer, Boston, MA. https://doi.org/10.1007/978-1-4613-3198-8_7
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DOI: https://doi.org/10.1007/978-1-4613-3198-8_7
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