Research Financial Services is responsible for the post-award administration of grants and contracts for CU Boulder. After the negotiation process is complete, and a project award has been accepted by CU Boulder, the RFS award setup team assumes responsibility for the project set up within the Finance System using benchmark delivery timeframes in order to establish the following for Fund 30/31 projects:
After a research project account ends, CCO will complete the financial closeout process during which a comprehensive closeout analysis is performed, reviewing all of the account activity over the lifetime of the award. This includes ensuring that CU Boulder accurately reports the use of sponsored funds recorded in the university's financial records and has maintained compliance with the sponsor's terms and conditions throughout the project. The closeout process includes:
We serve as audit liaison for federal, state and private auditors.