Contracts are written agreements between Georgia Tech and another sponsor or entity that establish reciprocal obligations and provide an economic benefit. The award is subject to conditions outlined in a contract signed by both parties. The Department of Foundation Relations and OSP define a sponsored project as an externally funded research or scholarly activity that has a defined scope of work or set of objectives that provide a basis for sponsor expectations. Multiple factors are considered when deciding whether a funded activity should be processed as a sponsored project. Sponsor requires return of unexpended funds.
Award contains provisions for intellectual property rights.
Award restricts or monitors publications or use of results. Award payments are contingent upon programmatic or fiscal reporting. Award requires protection of sponsor and confidential information. Award requires sponsor approval to modify the itemized budget. Funding will be used to cost share a commitment on another sponsored project, or requires cost sharing from the University.