Financial Services
Policies and Procedures - Contracts and Grants
Policy 4 - General Administration of Sponsored Projects
GeneralProject implementation begins either with the University's formal acceptance of an award, or an Assumption of Risk request, which is approved by the Associate Provost of Research. Please refer to the Office of Sponsored Programs web page for information regarding Assumption of Risk.
Agency-University Relationships
Awards are made to the University either directly or through an agent of the University.
Formal Acceptance of Awards
Awards are to be accepted only by the Chancellor or by those to whom he/she has delegated signatory authority. No other individuals are authorized to commit or otherwise bind the University unless specifically delegated to do so by the Chancellor.
Negotiations
In some cases, before an award is made to the University, it is necessary to negotiate final contract or grant terms (e.g., scope of work, understandings on proposed expenditures, billing and financial provisions, or contract and grant amounts). Negotiations of this nature must be coordinated with the Office of Contracts and Grants and the Office of Sponsored Programs and may require reprocessing through Department Heads, Deans and Directors, and the appropriate Vice Chancellors.