Tag: payment management system
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Reminder of Sponsored Award Closeout Policies
As we approach the end of another fiscal year the Office of Research: Grants and Contracts (RGC) wanted to remind the research community of our sponsored award closeout timeline. Our office has seen an increase in the number of projected and unreconciled awards being submitted for final invoicing/financial reporting. In keeping with 45 CFR 75.381…
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Overruns and Over-the-Limit Transactions
The Payment Management System (PMS) is a secure, online grants payment platform, which provides awarding agency and grant recipient customers with efficient grant and grant-like payments, cash management, and personal grant accounting, support services. PMS is widely used by NIH for most awards administered by NIH. PMS supports the entire financial assistance payment process for…