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CvSU MANUAL OF OPERATIONS
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projects and field laboratories. Other facility of the Center
includes the Central Analytical and Service Laboratory,
Tissue Culture Laboratory for banana, coffee and orchids, Orchid
Production, Coffee Genetic and Resource Unit, and Coffee Post
harvest and Processing Unit.

Section 3. Finance

1. Sources of Funds

Financial resources are generated through
international and local grants, donations, bilateral
agreements and collaborations with government agencies,
local and foreign funding institutions and other research
agencies and councils.

There are two major classifications of fund sources:
the internal and external funds. The internal funds come
from the general appropriation allocation (GAA) of the
Philippine government. The Center also generates funds from
the Income Generating Project of its various units. On the
other hand, the external funds come from government
agencies such as DA- BAR, PCARRD, INIBAP, and STIARC
as well as foreign agencies, private organizations and industry
partners.

2. Handling of Research Funds

All research funds are handled by the
Finance Management Office in coordination with the
Office of the Director of Research. Books of accounts
are kept by the Accounting Department which is also
under the supervision of the Director of Administrative and
Support Services.

Research funds that are externally funded are pooled
and treated as trust funds. The Director of Research
exercises general control over all these research grants.
These are deposited in the bank as trust fund lumped
together to earn interest. Funds are released to the
Accounting Office by project allotments. The project/study
leaders handle all the processing of papers to release the
fund meant for their research projects/studies. Fund
from income generating projects are also being handle by
the Accounting Division with full control of the Research
Director.

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