- The bulk of F&A or indirect cost revenue will be distributed to responsibility centers
- This will predominantly based on the proposed effort of the Principal Investigators (PI) and Co-Principal Investigators (Co-PI).
- Effective, January 15, 2017 cross-college agreements outside the normal F&A splits specified in the IBB formula can drive the F&A distribution.
- These agreements will need to be documented and agreed upon by the appropriate Deans.
- A smaller portion of the F&A revenue, that which is not distributed to the responsibility centers, will be distributed to the Office of the Vice President for Research for the purposes of incentivizing research and sponsored activities.
Additional Resources
- UVM's IBB website - read the full IBB report and to learn more about the implementation process, Please visit this site often for updates, FAQs, and additional content.
- Principal Investigator Eligibility
- Principal Investigator Roles and Responsibilities related to sponsored projects