Action Memo
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OSP: Action Memos are produced by the Office for Sponsored Programs and distributed (by GMAS) to the PI and Departmental Administrators who will have post-award responsibility for managing an award. Action Memos are issued whenever an "official" change is made to the award (i.e., more or less money; more or less time; internal approval of pre-award or advance account status; or an administrative change such as the addition of a new Subactivity or correction, etc.). The Action Memo provides a summary of the account string information, as well as funds awarded to date and funds anticipated.