NIH tasked to cut contracts by 35%

NIH has been tasked with reducing contracting by 2.6bn. That equates to about 35% of current total contract costs.. Each IC has to come up with 35% in cuts to there existing contracting total. They have input on what to cut. Don't have details if its for FY25 or FY26. This info comes from 2 different IC leadership meetings. Both had the same details. April 1st the lists are due.