- Expenses must be for direct costs of the research funded
- Where no written agency policy covering a specific purchase exists, the University’s policy applies
- Granting agencies defer to the University’s Conflict of Interest Policy to ensure accountable and responsible use of grant funds
- The University may withhold payment of expenses approved by fund holders that contravene the agencies’ requirements or the University’s policies
- Equipment purchased against a grant is the property of the University
- Proceeds from the sale of equipment must be re-invested in research
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