Page 158 - PARAMETER E

Part 3 – Research & Development, Extension & Training Manual

CHAPTER 9
DISBURSEMENT OF FUNDS

9.1. For Research and Development Projects Coursed Directly Through IFSU:
9.1.1. It shall follow existing government and IFSU policies on disbursement, accounting and auditing rules
and regulations; and
9.1.2. A ten percent (10%) administrative cost will be charged every research and development project
fund release to IFSU or any of its researchers in their capacity as IFSU personnel.

9.2. Utilization of Research Funds
9.2.1. All supplies for research projects shall be requested from the supply office except for emergency
purchase.
9.2.2. All cash advances may be allowed to accommodate emergency purchases, fares, and other
contingencies in the amount not more than P10,000.00 to be supported by purchase request and
project activities.
9.2.3. No cash advance shall be allowed when there is standing unliquidated cash advance.
9.2.4. Liquidation vouchers shall be supported by an accomplishment report.
Service rendered by research assistants shall be paid directly to them.
9.2.5. Research assistants shall be allowed to claim actual fare plus P200.00 allowance per day (P150.00
for meals and P50.00 for lodging).
9.2.6. Research project production shall be submitted to the Collecting Officer as income of the University.
9.2.7. All semi-expandable items (e.g. staplers, agricultural tools like shovels, bolos, etc.) shall be
submitted to the Supply Office after the completion of the research project. The submitted materials
shall be used by future researchers upon request.

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IFSU Code