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Division of Sponsored Programs > Award Management > Fiscal Management > Multiple Sponsor Projects

Multiple Sponsor Projects

DSP is authorized to accept funds on behalf of faculty for research, training and other research related purposes. One category of project DSP may approve is called a Multiple Sponsor Project. These projects are established to accept funds from multiple sources that purchase a specific service being provided.

Some limitations placed on a Multiple Sponsor Project are as follows:

  • Deposits are limited to no more than $10,000, unless specifically approved by DSP. For amounts of $10,000 or more a separate project may need to be established.
  • No financial reporting obligations back to Sponsor.
  • All contractual agreements (i.e.: letters, grants, purchase orders) being used must be forward to DSP for review and acceptance on behalf of the University of Florida.
  • Projects will be established based upon applicable indirect cost assessment.

To open a Multiple Sponsor Project, please submit to DSP the following:

  • A UFIRST- Proposal.
  • Attach to the UFIRST – Proposal a description of the Standard Services to be provided to the sponsors/buyers.
  • Budget released to a Multiple Sponsor Project will always be equal to cash received.
  • For a payment to be released into an established Multiple Sponsor Project, please provide copies of checks, all correspondence (i.e. agreement, sponsor transmittal letters, PO) to DSP.
  • DSP will generate a UFIRST award when the first payment has been received. DSP verifies the payment belongs to the Multiple Sponsor Project and then releases the payment with a UFIRST Award for the Multiple Sponsor Project to be established in Fund 209.
  • Additional cash received will be added to the Multiple Sponsor Project by creating a UFIRST modification (Subtype: Financial) with a copy of the funding letter, agreement or other correspondence and the check attached. DSP will finalize the modification and  increase the budget available.

IFAS Faculty Service Program-Multiple Sponsor Projects

  • IFAS faculty; Please see the IFAS Faculty Service Program (FSP), which has been designed for IFAS faculty conducting routine services for multiple, external, non-Federal sponsors on a fixed price basis.