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Default |
| 1 |
Federal Letter of Credit
Draw-down process completed by SAA Receivables team using pool accounts to apply cash based on actual expenses; used for most federal agencies besides Department of Defense |
| 2 |
Scheduled Payment
Defined payments on a regular schedule that do not require submitting an invoice or request to the sponsor; includes awards with payment in full at beginning of award |
| 3 |
Cost-Reimbursment by Invoice
Reimbursement for actual costs incurred based on invoices produced at regular intervals by the SAA Receivables team |
| 4 |
Federal Payment Systems (besides Letter of Credit)
Request for reimbursement or scheduled payment completed by SAA Receivables team through a federal system such as WAWF or ONR; primarily used for Department of Defense awards |
| 5 |
Performance-Based Payment
Payment based on a measure of performance (such as milestones completed, number of patients accrued, etc.) rather than actual costs incurred; invoices submitted by department administrator without SAA endorsement |
| 6 |
Defined Payment (with Invoicing Requirement)
Payments for defined amounts as outlined in the award that do require submitting an invoice or request to the sponsor; invoices submitted by SAA Receivables team |
| 7 |
Cost-Reimbursement by Invoice (Special Handling)
Reimbursement for actual costs incurred based on invoices: invoices require additional information such as additional expense certification or supporting documentation, additional schedules, progress information, etc.; SAA Receivables team and department administrator collaborate to prepare invoices which need SAA endorsement before submitting to the sponsor |