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For awards with performance periods spanning more than one year, the same FAS account number will be used for all budget periods whenever possible (“multi-year accounts”). However, awards that require annual financial reports or that require sponsor prior approval to carry forward unobligated funds will be set up with a separate FAS account for each budget period.
In cases when a separate FAS account will be set up for each budget period, a temporary account for the continuation year may be requested after the progress report has been routed. The completed/signed temporary account request form may be attached to the routing forms at the time they are circulated for signatures.
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