SBIR Land Home Forums Grant Accounting & Management Just-in-time Financial Info Reply To: Just-in-time Financial Info


Hi Rashim,

Here is some information that may be helpful based on what you have provided here.

1. F&A Negotiated Rate Agreement – Your company likely does not have a negotiated rate. This F&A Rate will be the rate proposed in your original submission.
2. Evaluation of Financial Management Systems – This is a questionnaire used by the NIH to determine if the company is financially viable to perform the award. It needs to disclose how the financial system will segregate costs, labor will be distributed and financial statements will be prepared.
3. Financial Statements – If you company has these, the NIH will review and determine if the company is qualified to perform the work from a financial standpoint. However, if you do not have financials, the Evaluation of Financial Management Systems will need to disclose how Financials will be prepared at least annually.

EGC offers JIT support with grant compliance services should you require additional assistance. Please let us know if we can assist you!

Thanks and best regards,