Spending Award Funds

Once the Principal Investigator/Project Director (PI/PD) has worked with their SPA Project Administrator to set up a budget for the project, it is usually appropriate to begin incurring expenses. All expenses for an award must correspond to an approved spending category in the budget approved by the funding agency.

Typical ways to spend award funds include paying people, travel and hospitality expenses, and the purchase of award-related equipment and supplies. There are a multiple mechanisms that used to spend award funds, depending upon what is being purchased, the cost of the purchase, and the complexity of the required procurement procedures. Please visit the buying stuff page if you are confused about which form to use for your purchase.