Fixed Price Sponsored Awards Updated Guidance/New Form July 22, 2021 The updated Fixed Price Residual Balances Guidance is posted on OSP's website. Changes to the guidance and associated form were based on feedback from users across the University. A Fixed Price Award Residual Balance Transfer Form is now required for any sponsored awards with a remaining balance of $250.00 or more at award end. Balances of $10,000.00 or more will require a Balance Justification, PI signature, and OSP signature. Schools may have local procedures that are more restrictive. Find links to contacts and school procedures in the Fixed Price Residual Balances Guidance. For HMS, go to the ORA Website Policies & Guidance page, Fixed Price Sponsored Awards tab and review "HMS Fixed Price Award Residual Balance Transfer Guidance." Questions? Contact Rita Bergemann.