Not later than October 15, each eligible institution shall provide a verified, preliminary report of its restricted research expenditures to the Commissioner. The Preliminary Report will include restricted research expenditures from the awards approved by the Commissioner under §13.125 of this title (relating to Report on Restricted Research Awards).

1. (1) Expenditures for indirect costs of any restricted research award shall not be included in the Preliminary Report.
2. (2) Expenditures for pass-throughs to sub-recipients shall not be included in the report.
3. (3) Not later than November 1 of each fiscal year for which there is an appropriation for the Research Development Fund, the Commissioner shall provide a preliminary restricted research expenditure report to the Comptroller and recommend funding allocations from the Research Development Fund to eligible institutions.
4. (4) The funds shall be apportioned among the eligible institutions based on the average amount of restricted research funds by each institution per year for the three preceding state fiscal years.
5. (5) Not later than December 1, and after completion of the institutions' annual financial reports, and revisions based on corrections from audits, each eligible institution shall provide the Commissioner and the Legislative Budget Board with a final report of restricted research expenditures. The Final Report will include a description of research expenditures, including expenditures of funds received during preceding fiscal years.

Source Note:The provisions of this §13.126 adopted to be effective August 26, 2009, 34 TexReg 5680.