NIH & CDC transition to P accounts

The CDC and NIH have been transitioning to Payment Management System (PMS) subaccounts (also known as “P accounts”) in response to a U.S. Department of Health and Human Services (HHS) directive to Agencies intended to enhance financial data integrity and financial closeout for all awards. The CDC and NIH will continue transitioning payment for all domestic awards with new document numbers from PMS pooled accounts (G accounts) to P accounts until September 30, 2016. As of October 1, 2015, NIH will utilize only P accounts for awarding grant funds. Every grant that is awarded funding in FY 2016 (whether it be in the first, second, third or fourth quarter of FY 2016) will be in a P account.

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