acceptance of award
If you have received an award for a Sponsored Project please notify Office of Sponsored Programs (OSP) and Office of Grants and Contracts (OGC).
Complete Any Compliance Issues
- IRB – Institutional Review Board
- COI - Conflict of Interest
- IACUC – Institutional Animal Care and Use Committee
Creation of Banner Index
- Contact Office of Grants and Contracts - Ext. 3553
- Receipt of Award Letter
- Need Approved Budget
- Sub agreement, if applicable
Principal Investigator Role and Responsibilities
Once an award has been accepted, the first step for a PI is to read the award document – the terms and conditions are a guide in managing the funds and it is important from the outset to have a clear understanding of the sponsor requirements.
- Notify Office of Sponsored Programs (OSP) and Office of Grants and Contracts (OGC). (When a new contract or grant is awarded to a new project director, Office of Grants and Contracts will set up a meeting for training to inform the new personnel involved on the award of guidelines, agency regulations, and ISU policies impacting their award. This meeting will also be set up when a project director receives an award from a new agency that they have never dealt with before. A first visit meeting will also be conducted for an award that contains excessive restrictions, guidelines, or that has unusual reporting requirements.)
- Work with Office of Grants and Contracts on setting up new Index and provide information needed to set up new account. Work with OGC to identify a budget and understand how you will spend the approved budget. If award amount is less than proposed, a revised budget may need to be submitted to agency.
- Is responsible for the conduct and reporting of scientific design.
- Is responsible for the direction, oversight, conduct, financial management, successful completion, and reporting of the sponsored project, and to manage any collaborative relationships.
- Coordinates with Department Administrators, school administration, and central administration personnel to conduct research in compliance with Federal regulations, sponsoring agency policies and regulations, and ISU policies and procedures when making crucial financial decisions related to expenditures on a research grant, cooperative agreement, training project, contract or other sponsored agreement.
- Reports to a department head or other designated official.