17 First Approved: - Research Contract Policy Updated: - Board of Governors

It is the responsibility of the Principal Investigator to ensure that all charges authorized against University funds conform to the allowable expenditures within the approved budget, with all terms and conditions of the contract, and with relevant University policies and guidelines. [...] Consideration has been given to the reasonable protection of the interests of the University (particularly academic and financial), the faculty member, the student, and the public, b. [...] This includes the initial approval of the scope of work and contract fee that enables the formalization of the subsequent contract. [...] the cost of the project is to be partially born by the University and the University has agreed to do so), the contract shall specify that the contract activities are jointly sponsored by the external contractor and the University. [...] In this case, the ownership of intellectual property and the control and distribution of the original data are vested in the University.