Progress reports provide sponsors with information about the status of a funded project during the award period.
Reporting Timing
Progress reports may be due throughout an award period and are commonly required before the next budget year is funded by the sponsor.
Progress reports should be routed when funding of the continuation year is contingent upon the sponsor’s receipt of the report.
Subrecipient Reporting and Invoicing
Follow up with subrecipients to obtain their progress reports in sufficient time to include the information in UMB’s report.
Ensure that subrecipient invoicing is up to date and that a final invoice for the budget year has been submitted within 45–60 days after the end of the award year.
Financial Review and Coordination
Reconcile accounts routinely and work with SPAC to ensure timely submission of financial reports and/or invoices.