All expenditures on a sponsored award must be:
- allocable to a sponsored award,
- administered consistently across all sponsored awards, and
- allowable per the terms of the Award, sponsor requirements, and applicable UNM/HSC regulations.
Review the UNM/HSC Request for Approval to Spend Funds form.
Departments and Principal Investigators (PIs) are responsible for managing the day-to-day operations of their UNM/HSC budgets. PIs are responsible for the management of their sponsored awards. Budgets should be reconciled on a regular basis to provide reasonable assurance that transactions are necessary, reasonable, allocable, allowable, and consistently treated.
The HSC Family & Community Medicine's Research Management Team
are available to FCM faculty for assistance with ongoing contract reporting and invoicing, and will coordinate monthly budget meetings with an assigned FCM Accountant. They will also assist PIs with annual progress reports and financial reports.