Costing Policy

Policy Statement

It is the policy of Adelphi University that all costs proposed or incurred on a sponsored project comply with sponsor terms and conditions, Adelphi policies and procedures and applicable Federal, state and local regulations. Adelphi administers direct and indirect costs, on sponsored projects, in accordance with Federal and other sponsor requirements. The Principal Investigator (PI) is ultimately responsible for ensuring appropriate financial management, compliance with sponsor terms and conditions, as well as determining actual effort expended on a sponsored project.

Reason for Policy

The purpose of this policy is to provide basic guidance to PI’s and their staff for monitoring costs that are in compliance with sponsor requirements and University policy.

Who Is Governed by this Policy

Faculty and Staff

Policy

In Grant Administration | FARG | Adelphi University Intranet please refer to “Budget and Expenditure Monitoring” and “Unallowable Costs Under Federal Regulations”.

Definitions

This policy does not have definitions associated with it at this time. Upon periodic policy review this area will be evaluated to determine if additional information is needed to supplement the policy.

Forms

This policy does not have forms associated with it at this time. Upon periodic policy review this area will be evaluated to determine if additional information is needed to supplement the policy.

Related Information

N/A

Document History

• Policy Origination Date: Not known
• Policy Reviewed by: Policy Owner and Policy Experts
• Last Approval Date: August 2024
• Last Reviewed Date: August 2024 

Who Approved This Policy

Executive Leadership