NCURA webinar for Service Units

Wed, 26 Feb 2025 13:58:09 -0500

The Office of Contract and Grant Accounting (OCGA) has purchased a registration to the NCURA webinar: Service and Recharge Center Costing Strategies Amidst Evolving Federal Funding Policies and the link below will allow you to attend for free.

The webinar will be held virtually on March 24, 2025 from 2:00 - 3:30pm with an after the show talk with faculty from 3:35 - 4:30pm.

Service Center Managers and Administrative support - this is for you!

Use this link with your umbc email to register for the webinar: https://onlinelearning.ncura.edu/p/250324ServiceXL

Instructions on using the link can be found here.

As federal funding policies continue to evolve, institutions managing service centers must proactively adapt to potential reductions in research funding and shifting cost recovery limitations.

This session explores the financial and operational complexities of service center management, focusing on advanced cost analysis, rate setting strategies, external user pricing, and compliance with federal guidelines. With ongoing discussions surrounding limitations on indirect cost recovery—such as the recently proposed 15% cap at NIH—institutions face increased pressure to maximize cost recovery while ensuring compliance.

This session will examine strategies for optimizing service center operations, developing sustainable financial models, and leveraging alternative revenue sources. Through real-world case studies and interactive discussions, participants will learn how to align their service center structures with institutional priorities while navigating federal cost principles, financial sustainability, and external audit expectations.

Learning Objectives

Join us for this informative session, where we will:

Analyze cost structures and rate-setting methodologies to ensure financial sustainability while maintaining compliance with federal guidelines.

Explore strategies for mitigating the impact of potential reductions in federal research funding on service center operations.

Discuss best practices for maximizing cost recovery, including external user pricing and appropriate subsidy allocations.

Identify key considerations for aligning service center financial management with evolving federal funding priorities.

This session is ideal for research administrators, financial managers, and institutional leaders responsible for overseeing service center operations and research support facilities. Attendees should have a working knowledge of service center cost recovery principles and federal funding regulations.