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Joel Snyderman: Thank you very much. And everyone, welcome to All About Costs: a Post-Award Primer. My name is Joel Snyderman, I am the Director of the Division of Grants Compliance and Oversight in the Office of Policy for Extramural Research Administration at the National Institutes of Health. And I am joined today by two of my assistant grants compliance officers: Alesia Brody and Corey Taylor. And what were going to be talking about with you today, were going through all sorts of administrative cost principle and monitoring, oversight, and compliance requirements, youll find all of these overall in the Grants Policy Statement between sections six and eight. And of course, the NIH Grants Policy Statement is a incorporated as a term and condition of every NIH grant award, and should be your best friend going forward when youre determining with any of these things, whether or not its allowable on an NIH grant. First up, where do all these requirements come from? They come from th