Create a Cost Share Budget

The cost share budget is used only if the proposal includes cost sharing.

If a funding proposal’s primary budget specifies salaries exceeding the specified salary cap, or salary requests less than the projected effort, the budget workspace alerts you to create a cost share budget to show how the additional funds will be provided.

Open the Sponsor Budget

1. From the Budgets tab on the proposal workspace, click the name of the sponsor budget that will include cost-sharing.
   
   

Open

Create a Cost Share Budget

2. On the budget workspace, click Create Cost Share.
   
   

Open

Cost Share Information

3. On the Cost Share Information page, select the cost share type:

• Mandatory: required by the sponsor.

• Voluntary Committed: a voluntary but binding commitment.

• Third Party In Kind: external party non-cash contribution.
  
  
  

4. Under Cost share entity, start typing the cost sharing organization’s name, then select it from the list of matches. (You can use “%” as a wild card.) Alternatively, click the browse button to browse for the organization.

5. Click Continue or Save. The system creates a cost share budget and lists it on the Budgets tab of the proposal workspace. If the salaries exceed the salary cap, or any effort percentages exceed the corresponding salary percentages, the system automatically populates the cost share budget you have created with the difference.

Complete the Cost Share Budget

6. Complete the other pages of the cost share budget as you would for a primary budget.

Finish the Cost Share Budget

7. Click Finish