LDCAs that correct Direct Costs over-expenditures less than $2,500 will not be processed. A TV must be prepared to transfer costs to a ledger 2, 3, 4 or other approved non sponsored program account (no John Dempsey Hospital or UConn Medical Group accounts).
LDCAs and TVs for Direct Costs under-expenditures less than $1,000 will not be accepted.
LDCAs and TVs must be received in the Grants and Contracts Office within 120 days of the date of the original transaction. At grant end date, or when a Report of Expenditure is due to the sponsor, all LDCA and TV requests must be received within 45 days after the award end date.
To be processed, all transfers must be fully explained and documented. LDCAs or TVs with explanations such as: “to transfer costs” or “to correct error’ will be rejected.