Types of Awards
IST researchers can secure funding for their projects through several types of awards. Each award type has a different purpose and use requirements.
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A typical proposal process often consists of the following steps:
Researchers must complete a series of steps and meet certain requirements to effectively develop and submit their proposal.
Proposals that involve responses to Requests for Proposals or Requests for Quotes usually require certifications, representations, and special terms and conditions that may require additional review time. Any proposal to a foreign agency will need to have an export review completed prior to submission.
The average interval between the submission of a proposal and the award of a grant from Federal agencies ranges from six to ten months. Principal investigators should take this delay into consideration in planning for the submission of proposals as well as in setting start and end dates.
IST researchers can secure funding for their projects through several types of awards. Each award type has a different purpose and use requirements.
Gifts to the University support a variety of faculty activities. Gift characteristics include:
Sometimes industrial sponsors or donors send the check directly to the faculty member which is then processed via the Office of Research Administration.
Unrestricted grants to faculty support a multitude of research activities. Unrestricted grant characteristics include:
Grants and cooperative agreements are employed when the principal objective of the sponsor is the transfer, rather than the acquisition, of project results and outcomes to accomplish a public purpose. Grant characteristics include:
Contracts are used when the principal objective of the sponsor is the acquisition of property or services for the direct benefit of the sponsor. Contract characteristics include:
Master agreements are emerging as a favored type of administrative structure and are most common with industry. These are umbrella agreements that support faculty activities through task orders and are negotiated via the Office of Sponsored Programs.
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