View Official Policy:
AR 7:10 Faculty Institutional Base Salary for Sponsored Projects [Official PDF]
This Administrative Regulation sets forth the University’s definition of Institutional Base Salary (IBS) for sponsored project reporting purposes. It establishes the University’s policies and procedures for compliance with the Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards, issued by the Federal Office of Management and Budget. (2 C.F.R. 200). The federal regulations require recipients of federal funding to establish institutional policy that documents the budgeting and expensing of salaries on sponsored projects. In addition, government regulations require that sponsored project costs, such as salaries, be treated consistently and that institutions with practice plans meet specific criteria to combine practice plan and university salary to form the Institutional Base Salary.
Faculty Institutional Base Salary for Sponsored Projects (IBS), Internal Overload Payment, Extra Service Payment, Principal Investigator (PI), Unit Administrator/Business Officer, Office of Sponsored Project Administration
Effective Date: 9/30/2015
Responsible Official / Office: Office of the Provost & Office of the Vice President for Research