A-3) Sponsored Contract

Review date: 
February 08, 2018
Responsible office: 
Office of Sponsored Research

Definition

  • A contract with an external sponsor for a proscribed or defined project within a designated period for a specified amount with defined deliverables.
  • Federal contracts are usually issued in response to a Request for Proposal (RFP) or RFQ (Request for Quotation).
  • Sponsor has a significant monitoring involvement and payment may be dependent on delivery or set milestones.