MANAGING FUNDS
This page is designed to help you navigate and understand the our processes and effectively manage your grant funds. Here, you will find essential information and resources to guide you through the various stages of your project, from the initial grant agreement to project completion and closure.
As an IDRC grantee, you are responsible for managing both the technical and financial aspects of your project. This includes ensuring accurate and timely financial reporting, adhering to the terms and conditions of your grant agreement, and collaborating with IDRC staff to monitor the progress of your activities. By following the guidelines and procedures outlined on this page, you can ensure the smooth administration of your project and the timely disbursement of funds.
We encourage you to familiarize yourself with the administrative procedures and reporting requirements to maintain accountability and transparency. This will not only help you achieve your project objectives but also contribute to IDRC's mission of driving global change through high-quality research and innovation.
GRANTEE RESPONSABILITIES
Once the grant agreement is signed (indicating that you accept the terms and conditions), the funds are deemed legally committed and can be expensed.
As an IDRC grantee, you are expected to:
manage the technical aspects of the activities;
and exercise adequate financial controls.
Project administration is an integral part of the research process. Accurate and timely financial and administrative information helps to monitor the progress of ongoing activities and ensures that project activities have the necessary resources to proceed on time and within budget. It also allows IDRC staff to see how the research, administrative, and financial aspects of your project are evolving. This information is critical to IDRC’s own accountability when reporting to Canadian taxpayers and funding agencies.
A clear understanding of administrative procedures is the best way to ensure the timely disbursement of funds. Everyone involved in administering IDRC funds at your institution must read this document in conjunction with the grant agreement that you received from IDRC. Collaboration between researchers and their administrative counterparts is essential to ensure that substantive and financial aspects of projects are administered effectively.
THE GRANT AGREEMENT
This page is designed to help you understand the various components of the grant agreement and how they contribute to the successful management of your project.
The IDRC grant agreement is divided into several key sections, each serving a specific purpose to ensure clarity, accountability, and effective collaboration.
TECHNICAL REPORTING
This page will help you get familiarized with the required content of technical reports from the outset of the project, so that you are aware of the key elements of these reports and better able to maintain the information which these reports require.
We suggested that you document comments received throughout the project to include necessary adjustments in the final report
FINANCIAL REPORTING
This page is designed to help you understand the various components of the grant agreement and how they contribute to the successful management of your project.
The IDRC grant agreement is divided into several key sections, each serving a specific purpose to ensure clarity, accountability, and effective collaboration.
GRANT MONITORING
Monitoring ensures that grantees use funds as intended to achieve desired technical and development outcomes. It helps manage risks identified before and during the project, contributes to meeting objectives, and provides essential information about scientific and policy issues and institutional performance.
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PROJECT COMPLETION & CLOSURE
After reviewing and approving both Technical and Financial reports, IDRC will make the final payment (if applicable) and close the project. No additional funds will be available. IDRC may terminate the project if you fail to comply with the agreement terms, including reporting and milestone deadlines.
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