Purchase orders of an individual charter vessel in a research proposal that are expected to be less than or equal to $25,000, are subject to the applicable F&A rate. When the charter vessel purchase orders (PO) are anticipated to be more than $25,000 it is exempt from F&A.
Manage Charter Vessel POs Exempt from F&A
After the award funding is processed by Grant and Contract Accounting (GCA) and you have a budget, you will need to request a sub-budget to manage the F&A exemption.
Use a Transpasu via GrantTracker to request a sub-budget to manage charter vessel POs that will exceed $25,000.