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Starting four months before the scheduled end of a grant, OSPR will send the Principal Investigator, on a monthly basis, a notification that the expiration date is approaching. This notification will include the scheduled end date and the current expenses relating to the budgets (grant and cost-share).
Upon receipt of this notification, the Principal Investigator should consider two questions:
- Does the project need additional time for completion?
- Are the project funds being spent (and any cost-share requirements being met) according to schedule?
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If the project requires additional time to complete, the PI should take the steps necessary to obtain a no-cost-extension if sufficient funds are available.
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If the project funds are not being spent at the correct rate (resulting in either under-spending or over-spending), the P.I. should consider the following:
- Are the correct individuals being compensated at the correct percentage under the grant?
- Has financial aid been correctly applied to the grant?
- Were expense vouchers incorrectly coded?
Answers to these questions can be found by reviewing the grant's MOBIUS REPORT.
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If the grant is to end on schedule, please proceed to the GRANT CLOSEOUT page.
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