Any time a sponsor requests or requires a change in the originally proposed budget or scope of work, the Principal Investigator should always notify and coordinate a response through OSP before submitting a revised budget or scope of work to the sponsor.

These are awards from industry or for-profit sponsors, including funds that flow to the University through an industry sponsor to a third party.

 

Contract negotiations with a government agency primarily focus on budget and scope of work issues. The terms and conditions of the award are usually fixed by law or regulation. However, it is important to make sure that the terms and conditions imposed by the agency are appropriate for the work proposed and applicable to the University.  

 

Contract negotiations with a federal government agency primarily focus on budget and scope of work issues. The terms and conditions of the award are usually fixed by law or regulation. However, differences in the interpretation of law and regulation can result in the negotiation of certain clauses, especially in the areas of export controls, restrictions based on citizenship status, contractual requirements to provide protected private information in the absence of any regulations, options to classify the project as secret, publication approval and other publication restrictions or editorial controls. Therefore, it is important to make sure that the terms and conditions imposed by the agency are appropriate for the work proposed and applicable to the University.

 

Contract negotiations with state agencies primarily focus on budget and scope of work issues, payment terms, travel rates, reporting requirements,  invoiceing documentation, audit, ownership of research records, termination, and penalty clauses for breach of contract.

 

 

Before funding can be released or an advance account established, all applicable compliance must be in place for that award. If you're unsure of what is required, please contact OSP. An award which requires approval from one or more of the compliance committees (IRB, IACUC) must have approved protocol prior to the release of funding. Principal Investigators (PI) should submit their protocol applications to the appropriate committee as soon as an award appears to be forthcoming. For additional information contact researchcompliance@memphis.edu or visit the IRB, IACUC and Financial Conflict of Interest webpages.

 

If the awarded budget is less than the proposed budget then the PI or departmental administrator must create a budget allocation. This is required before OSP can process the award. In some cases where the funding has been cut significantly the scope of work may also need to be reduced.

 

Sponsored Projects will officially process the award in Cayuse and data will be automatically transmitted to Banner with Grants Accounting receiving notice there is an award pending set up.