Federal government funding expires tomorrow (March 14) at 10 p.m. Mountain Time. If Congress does not pass a continuing resolution (CR) before then, the federal government will shut down. This means that most federal employees will be furloughed, with only a limited number of essential staff working.
Given the fluid and uncertain state of the federal government at this time, the impacts of a potential federal government shutdown are not clear and may vary from what has occurred during prior government shutdowns. Below are some potential impacts and recommended actions for researchers of federally sponsored projects.
Campus leadership and the Office of Grants and Contracts (OGC) are closely monitoring the situation and will continue to provide information as we learn more about the status of the federal government budget.
Potential Impacts and Recommended Actions
Prior Approvals: Federal agencies will not be able to grant prior approval during a shutdown. Please refer to 2 CFR 200.308 or for NIH awards Chapter 8 of the NIH GPS for actions that may require prior approval. Please note that if a project needs prior approval for an administrative action or cost-related item, the university cannot proceed with that action until we receive prior approval from the agency.
No-Cost Extensions (NCE): NCEs that are anticipated within 30 days after March 14 should be submitted promptly. Please work with your OGC Post Award Administrator.
Application Deadlines: Continue to meet all application deadlines. Federal agencies have accepted proposals during prior shutdowns, and many of them use electronic systems that remain operational during a shutdown. Deadlines remain unchanged unless the agency officially announces otherwise.
Agency Communications: If a shutdown occurs, federal staff may not be available to answer questions or provide clarifications. If you anticipate needing agency guidance, we encourage you to reach out to them as soon as possible.
Award Processing: While proposals could be submitted, there would not be any funding decisions during a shutdown.
OGC Deadlines: Whether or not there will be a government shutdown, OGC remains fully operational and will continue to assist with proposal review and submission. Please adhere to internal deadlines to ensure timely submission.
Interagency Personnel Agreements (IPA): Principal Investigators on IPAs, should immediately contact the federal agency to determine what their status will be beginning March 17.
Expiring Budget Periods: If the government shuts down and this coincides with the end of your award budget period, you will need to make internal departmental contingency plans. A federal agency cannot make new awards or release new funding under a non-competing continuation segment until Congress approves a CR.
Research Performance Progress Report (RPPRs) and Other Deliverables: Deadlines for RPPRs and other reports and deliverables must be met in accordance with the notice of award.
Agency Contingency Plans: All federal agency contingency plans should be provided on the Office of Management and Budget website. The OGC website will provide information about sponsors’ plans should a shutdown occur.
Federal Draw Downs: During prior government shutdowns, federal draw systems have remained open.
If the government shuts down and the federal systems remain open, we will continue to draw and bill via all federal systems that remain open. We may experience delays for payments if those invoices require a federal employee approval.
If the government shuts down and the federal systems do not remain open, catch-up invoices will be submitted once the systems reopen.
For federal flow-through projects, we will continue to send invoices on the normal invoicing schedule to those sponsors.
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News & Team Talks
OGC News - August 2024
Financial Services Connection
Aug 21, 2024
TRAINING & COMPLIANCE
Fiscal Compliance Website Launch
The Fiscal Compliance team launched a new website earlier this month. Please click here to explore the site and learn more about the areas Fiscal Compliance covers. Topics include training courses, finance system access, cash management, university events, procurement, real estate coordination, and much more.
The launch of Skillsoft Percipio has been pushed back to September 12, 2024. Currently, Skillsoft/Percipio will be unavailable from 5:00pm September 6th through September 11th. To stay up to date with changes and the current timeline, please visit thiswebsite.
PRE AWARD
Rates Update
We want to inform you that there will be a change in the rate structure effective August 1st. This adjustment is necessary due to an unexpected increase in the utilization of Term and Parental leave benefits.
We understand that changes to rates can impact planning, and we are committed to keeping you informed and addressing any questions you may have. If you have any concerns or need further clarification, please do not hesitate to reach out.
Hispanic-Serving Institution (HSI) Status and Related Grants
We are excited to share that the University of Colorado Denver | Anschutz Medical Campus has recently regained its status as a Hispanic-Serving Institution (HSI). With fewer than 600 institutions nationwide holding this designation, we are honored to be recognized by the Department of Education.
As an HSI, CU Anschutz, alongside CU Denver, may now qualify for specific federal grants intended for minority-serving institutions (MSIs). However, eligibility for MSI-specific grants can be complex and vary based on the funder's criteria and the data used to assess eligibility.
To ensure that your research team is aware of all relevant details before applying for any HSI or MSI-related grants, please contact Terry Hughes. Terry is available to assist in determining our campus’s eligibility and addressing any factors that might affect grant opportunities.
POST AWARD
PET Calculator Update
The updated PET Calculator is now on the Finance website. The calculator now reflects the fringe benefit rates effective for FY25. The memo regarding FY25 fringe rates can be found here.
GENERAL ANNOUNCEMENTS
OGC Team Talks
Mark your calendar! The next OGC Team Talks session will be on September 26, 2024 at 10:30am. The Post Award Team will provide information related to Billing. REGISTER NOW
Slides and the recording for August 2024 Team Talks are available online (Contracts - Back to School).