Extramural Accounting Glossary

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z List All Terms

Term	Definition
Short Term Investment Pool (STIP)	A cash investment pool available to all UC fund groups. STIP allows fund participants to maximize the returns on their short-term cash balances by taking advantage of the economies of scale of investing in a larger pool. STIP consists primarily of current funds slated for payroll and operating/construction expenses for all UC campuses and medical centers. In addition, funds awaiting permanent investment in one of the long-term pools are invested in STIP to earn maximum daily interest until transferred. The term STIP also refers to the interest income generated by the Short-Term Investment Pool.
Sponsor	The organization or entity that funds a research project.
Sponsor Code	All contracts and grant activity must be reported using sponsor codes that identify the organization sponsoring the project. Sponsor codes are provided on the Sponsor Code Table maintained and updated quarterly by the Office of the President Research Administration Office. The Sponsor Code Table is organized in three parts: Federal, State, and All Other. University of California campuses and special research programs are listed under All Other, UC (name of campus or program). Agricultural Marketing Order Boards are listed under All Other, CALIF (name of Marketing Order Board). Sponsor code information is available on the Contracts and Grants Account Lookup (198) in DaFIS Decision Support.
Sponsored Projects	Projects which are funded by outside sources as the result of a proposal and award. The term commonly refers to projects funded by the various federal agencies.
State Administrative Manual (SAM)	The State Administrative Manual (SAM) is a reference source for statewide policies, procedures, regulations and information developed and issued by authoring agencies such as the Governor's Office, Department of General Services (DGS), Department of Finance (DOF), and Department of Personnel Administration.
Streamlined Non-Competing Award Process (SNAP)	A streamlined process developed by National Institute for Health (NIH) for the submission of information necessary to receive a non-competing award.
Subaward/Subcontract	A collaborative subaward is written under the authority of and consistent with the terms and conditions of an award (a grant, contract, or cooperative agreement) that transfers a portion of the research or substantive effort of the prime award to another institution or organization. These agreements, commonly referred to as subcontracts, can be in the form of a subgrant, subcontract, or subagreement.
Supply	Generally, a supply item is classified as being expendable with an acquisition value under $5000.00, and a normal life expectancy of under a year.

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