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Accepting a fixed price agreement involves a degree of risk because the University must complete all work even if the costs exceed the amount of the agreement. In addition to mitigating the risks associated with accepting fixed price agreements, the University must also ensure that relevant costs are assigned to the appropriate project and that the necessary processes are in place to assure consistency in estimating, accumulating, and reporting costs.

This operating standard establishes the Office of Sponsored Programs (OSP) as the appointed authority in accepting and initiating changes to the terms and conditions of any research contract, grant, or cooperative agreement on behalf of the University.

This operating standard assists faculty and staff in ensuring that independent contractors conduct their portions of research projects in compliance with applicable regulations and their expenses are reasonable and allowable.

This standard is to establish the methods and means the University uses to establish Subrecipient Agreements. These agreements are legally binding and constitute the method to enforce the requirements of collaborative relationships with other institutions.

This operating standard assists University researchers supported by sponsored funding in determining the appropriate action with transfers, loans, or sales of capital equipment.

The University offers this operating standard to provide clarification and guidance as to University practices regarding expenditure inquiries regarding equipment, in conjunction with Federal regulations governing allowability and allocability.

In conjunction with Federal regulations governing allowability, the University offers this operating standard to provide clarification and guidance as to University practices regarding cost share for sponsored projects.

The purpose of this standard is to identify the guidelines for handling personnel costs on sponsored projects.

The purpose of this standard is to reinforce the prohibition on administrative communications with sponsors without involvement by a central office.