Federal Contract Account Activation

Once the MyFunding Award record (or Modification of that record) is approved by the Dean’s area, and the Office of Sponsored Programs (OSP) has obtained a fully-executed award (or modification), OSP will activate the MyFunding Award record and notify Sponsored Projects Accounting (SPA) to create an account. Once SPA creates an account, expenses can be charged to that project in accordance with the sponsor's requirements and allowable costs. 

Prior to account activation, OSP requires:

Please note that OSP will not authorize an Advance Account for agreements processed by the Federal Contracts Services Team. Please see the Federal Contracts FAQ for more information.