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The principal investigator has decided that s/he needs to spend award funds differently than what was proposed and awarded. Is this o.k.?

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The principal investigator has decided that s/he needs to spend award funds differently than what was proposed and awarded. Is this o.k.?

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Each award is potentially different from any other award. The first rule of thumb is to read the section of the award terms and conditions usually called Rebudgeting. Many awards, though, make reference to an overriding set of guidelines or, in the case of some federal awards, to an Office of Management and Budget (OMB) circular. Become familiar with all of your awards so that you know where to look for this information. When the answer still seems unclear, contact Research Accounting.

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