Outgoing Subaward Request to Deobligate (Reduce) Funds
Use this job aid if you have an existing subcontract agreement with a scope change requiring funds be removed from the current amount obligated (reduce the total amount obligated).
Subaward Modifications Only section:
Select Modification Type = Other
Enter the Other Modification Type Description, such as "deobligate/decrease funds" or "reduction in funding".
In most cases, the Anticipated Amount of the total subaward will change, so select Yes. In the field “Dollar amount of Anticipated Change”, enter the amount of the decrease, e.g., -$10,000.00
If there is an Additional Action, such as Early Termination or Change of Subrecipient PI, use the field labeled Additional Action(s) requested (select all that apply).
At the bottom of this section, use the "Additional Information" section if desired, for information that will help the SPA Outgoing Subawards Team with their review and processing.
Details section:
Enter the start and end dates for the budget period to be reduced.
In the field labeled "Dollar amount funded this action", enter the amount of the decrease, e.g., -$10,000.00
Subaward Purchase Order:
The department is responsible for requesting any change/deobligation to the purchase order, via Quantum Financials.