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.
Examples
Overhead Consideration
Policy
Review Department/Signature Authority