Renewal of an award to increase funding or extend the period of performance is at the sole discretion of the Department. Proposals are evaluated by competitive peer review taking into consideration primarily scientific merit and applicability to COP's research goals. Principal investigators' qualifications and cost are also considered, with cost subject to negotiation. This program has no statutory formula or matching requirements. Implementation plans are required annually.
Progress reports are due semi-annually.
Financial status reports are required quarterly. Final reports are due 90 days after expiration of the award. OMB Circular No. A-133 . Commercial organizations shall be subject to the audit requirements as stipulated in the award document. Records will be retained in accordance with provisions of OMB Circular No.