contact: spacffr@umaryland.edu
The FFR Team – also known as Quality Assurance now handles all awards that have a billing basis of LOC and a source of 315. These awards will no longer be managed by the Billing Teams. Reporting for Letter of Credit (LOC) type awards is very different than requesting the money to cover expenses. Since this is a two-pronged approach SPAC felt that these awards should have their own area to ensure timely revenues and reporting.
This team also performs behind the scenes work that involves little interaction with the departments
- Reconciliations
- Refunds
- Relinquishments- PI departure Form or you can reach out direct to spacrelinquishing@umaryland.edu
- Audits
- Year End- financial close
- Letter of Credit or similar Draws/requests
