| | Approval for Preaward Spending may be requested on an project where there is a very high likelihood that the award will be made. Preaward Spending means that the chartstring will be set up before we receive an award from the Sponsor.
The policy/procedure document provides guidelines and requirements for request and oversight of Preaward Spending, previously known as “Temporary Account”. An updated policy reflecting eUMB Financials terminology will be posted as soon as it is available.
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