Obligations

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NIH: When used in connection with a non- Federal entity's utilization of funds under a Federal award, obligations means orders placed for property and services, contracts and subawards made, and similar transactions during a given period that require payment by the non- Federal entity during the same or a future period.

OSP: When used in connection with a non-Federal entity's utilization of funds under a Federal award, obligations means orders placed for property and services, contracts and subawards made, and similar transactions during a given period that require payment by the non-Federal entity during the same or a future period.

BSU: The dollar amount of items ordered, services rendered, contracts awarded, or similar purchases that are outstanding or unpaid. Internal reports encumber salaries, administrative (indirect) costs on sponsored projects, and purchase orders.