(TRP) In the event the sponsor terminates the award early, t…

(TRP) In the event the sponsor terminates the award early, the sponsor will be obligated to pay all costs actually incurred by the University as of the date of termination (not to exceed total award).  The University can keep any funds over actual costs that they have received from the sponsor before termination.

(NSF) You have received a requisition for a piece of equipme…

(NSF) You have received a requisition for a piece of equipment that costs $6,000.  The PI writes on the document that Chemistry administration has lowered their match to $6,000 so this transaction should complete the requirement.  How would you handle this transaction?