In an effort to monitor projects, please note that a project holder is expected to spend up to the amount that he/she is approved. Any over expenditure that occurs within a research project is the responsibility of the project holder. The over expenditure policy must be followed.

In general, research and other trust accounts should not incur over-expenditures, i.e. expenditure commitments in excess of the funding received and/or confirmed as receivable.  However, the researcher may apply for approval of over-expenditures on the appropriate form.  A researcher is allowed a maximum of $50,000 in all combined accounts subject to the rules and regulations of the Approval of Overcommitments Policy.