Characteristics of Sponsored Project Award Types
Characteristic
Basic Purpose
Solicitation Method
Award Instrument
Involvement by Sponsor
Rebudeting
Technical Reporting
Requirements
Financial Reporting
Requirements
Project Direction
Period of Performance
Opportunity for Renewal
Gift
Grant
Cooperative Agreement
Contract
Given to the University to assist the
institution in fulfilling a particular institutional
Given to the University for a general or
goal or public purpose; supports further
Given to the University, purpose is to transfer
specific purpose ex: endow a chair, set up a knowledge in a particular subject area or field money, property, services, or anything of
Given to the University so sponsor can
scholarship, buy a piece of equipment
of research
value in order to accomplish a public purpose procure specific service or product
investigator initiates request via application
typically solicited by request for proposal
University asks and/or sponsor offers
kit or guidelines
typically proposal is solicited by sponsor
(RFP), or request for bid/quote
award instrument is detailed and includes
specs, clauses, regulations, and outlines
generally short and refers to general terms award instrument outlines the involvement of required deliverable; typically fairly restrictive
few terms and conditions on the award
and conditions
both the sponsor and the awardee
administrative requirements
once awarded by sponsor, usually very little
involvement other than reporting
little to none
requirements
sponsor is substantially involved
Sponsor heavily involved in supervision
allowed occasionally within restrictions;
little to none
often flexible/allowed with sponsor approval typically allowed with sponsor approval
requires prior approval
no formal requirement that results are
typically only yearly and/or summary
reports are often required frequently and are
reported to the sponsor
technical reports are required
usually frequent required technical reports
very detailed
required, typically only receive full payment
minimal; usually only a report of how the
typically only yearly and/or summary financial typically only yearly and/or summary financial when deliverable is received; interim
funds were used
reports are required
reports are required
payments typically based on milestones
considered assistance - generally the PI can
PI defines the project and develop the Scope do what is desired/necessary within the limits
at discretion of University
of Work, may receive input from sponsor
of the sponsor solicitation
developed by sponsor
PI defines, may receive input from sponsor,
at discretion of University
period of performance defined
developed by sponsor and recipient
developed by sponsor
not renewable, sponsor may decide to
varies on the willingness of the sponsor and varies on the willingness of the sponsor and continue to fund research, typically under
little to none
direction of project
the direction of the project
new award with new milestones
benefit to the grantee/PI by furthering their
own purposes or programs; general benefit
to the sponsor in that research supports
further knowledge in field and/or public good
private organization, governmental agency,
or foundation
Sponsor retains right to revoke award and/or
unused funds
Quid Pro Quo
nothing of value expected in return to the
sponsor, other than recognition
Funding Organization
typically private, non-governmental sources
Early Termination possible?
irrevocable
Fulfillment of award
at discretion of University
assistance to both parties
private organization, corporation, or
governmental agency
sponsor retains right to revoke award and/or
unused funds
best efforts are used in completing the
Best efforts are used in completing research research
Final Deliverable
none
typically only the final technical report
Q-1
typically only the final technical report
yes, benefit to sponsor which anticipates an
economic benefit as the result of the
research conducted, University receives
funds to conduct research
private corporation or governmental agency
sponsor retains the right to terminate the
relationship
deliverable sent to sponsor
researcher is generally required to produce a
deliverable (either item or detailed report)