The purpose of this information is to state the guidelines that Troy University follows in managing the post-award activities of grants and contracts. Although this information is as complete, current, and informative as possible, it can in no way be all inclusive. The University intends for this information to be used as a guide and not as a substitute for agency interpretations or specific award requirements.
Sponsored Program Accounting (SPA) focuses on the financial administration of awards made to Troy University. SPA becomes involved when the sponsored agreement is fully executed and forwarded from OSP (after acceptance but before expenditures are made). SPA remains involved until the sponsored agreement is considered financially closed.
Sponsored Program Accounting is also responsible for documentation of cost sharing and preparation of the facilities and administrative cost rate study.
The following activities are performed by SPA for each sponsored agreement: